Meta's shock share price drop shakes world tech
The Hindu
Stocks futures for the tech-dominated Nasdaq fell as much as 2.4% on Thursday.
Shares in Facebook owner in U.S. premarket trade on Thursday after the social media giant issued a dismal forecast blaming Apple's privacy changes and increased competition.
The shock drop, which comes before Amazon earnings later in the day, spilled over to Europe where technology led sectoral fallers with a decline of 2% and soured the mood across global financial markets in another busy day of central bank meetings.
Big U.S. tech has come under mounting pressure in 2022 as investors expect policy tightening at the U.S. Federal Reserve to erode the industry's rich valuations following years of ultra-low interest rates. Nasdaq fell more than 8% in January, its worst monthly drop since end-2019.
Belagavi ZP CEO emphasizes innovative marketing for farmers and artisans, collaborating with Exim Bank to boost exports and opportunities.
Mizoram's civic body election heats up as parties finalize candidates and campaign strategies ahead of the April 21 polls.
Congress nominates Umesh Meti and Samarth Mallikarjun for Karnataka bypolls, keeping candidacies within influential families.
South Africa wins the toss and opts to bat in the fourth T20 match against New Zealand in Wellington.
High in the Nilgiris, a quiet ecological revival is underway. Once lost to plantations and invasive species, native grasslands and shola forests are slowly returning—bringing back wildlife, improving water security, and strengthening climate resilience. Driven by civil society groups, conservationists, and indigenous communities, this restoration story offers hope at a time when fragile ecosystems across India face growing threats.
Blasts and sirens sounded in Jerusalem as Israel warned of incoming Iranian missile threats amid escalating tensions.
275 former judges and officials criticize USCIRF's report on religious freedom, calling it biased and lacking credible evidence.
Jharkhand Police request Indian Army's help to safely defuse an active WWII-era bomb found near Subarnarekha river.
Tamil Nadu Assembly election: VCK under compulsion to consider local candidates, says Thirumavalavan
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I and EPS were appointed CMs, Stalin elected by people, says O. Panneerselvam
The ₹88.41 crore AMRUT scheme aims to eliminate Kavali's water scarcity, transforming the town’s infrastructure and services.
A 4.1 magnitude earthquake struck Sikkim's Mangan district; no casualties or property damage reported.