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Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024. Justin Sullivan | Getty Images Google is going to spend $10 billion more this year than it previously expected due to the growing demand for cloud services, which has created a backlog, executives said Wednesday. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former investment banker and author of “Power Failure: The Rise and Fall of an American Icon” Volatile financial markets, like the ones we face now thanks to America’s ever evolving tariff … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Taco trade is the most popular feast in markets right now, but it still leaves a peculiar taste in the mouth. The term, coined by my esteemed colleague Robert Armstrong, encapsulates the notion that … Read more
As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been on a see-sawing ride … Read more
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Key Takeaways Citadel Securities plans to enter the crypto market-making business targeting major exchanges. The firm aims to provide liquidity in digital assets similar to its operations in equities and fixed income markets. Share this article Citadel Securities, the leading financial services provider and trading firm, is setting its eyes on the crypto market-making business. … Read more
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