LIVE Dow Set to Open Up as Market Digests Fed's Rate Decision Last Updated: 28 min ago Magnificent Seven Tech Stocks Rally After Fed Rate Cut By George Glover Each of the "Magnificent Seven" megacap tech stocks was rising on Thursday, buoyed by the Federal Reserve's decision to cut interest rates for the first time this year. The Roundhill Magnificent Seven exchange-traded fund, which trades under the ticker MAGS, climbed 1.1% in premarket trading. Chip maker Nvidia led the way with a 3.2% gain, rebounding ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here to take you through to the closing bell. With the global simulcast, it starts right now.Carol Massar and Stenovec in the radio booth. Welcome to our audiences across all of our bloomberg platforms here on a Fed day. A Fed day, Carol and Tim, where we got pretty much exactly what the market had expected, though, the market reaction maybe not quite what some were anticipating.Yeah, we were just spending a lot of time tal ...

Berlin-based non-profit search engine Ecosia has asked a U.S. judge to turn Chrome into a foundation it controls, funding billions in climate projects. https://t.co/eAbFsOW9Ud ...

Core Points - Google is implementing a new round of buyouts for certain employees while enforcing a return-to-office policy for remote workers, focusing on enhancing its resources for artificial intelligence development [1][4][8] - The return-to-office requirement mandates remote workers living within 50 miles of an office to work onsite at least three days a week, although this policy is not uniform across the company and is applied based on team needs [2][3][6] - The voluntary buyout program is available to employees in various divisions, including search engine oversight, core engineering, marketing, research, and communications, with severance offered to those who accept the buyout [4][5] Company Strategy - The buyout initiative follows a previous program offered to the platforms and devices division, indicating a broader strategy to streamline operations and reduce costs amid significant investments in AI [4][8] - Google has previously laid off approximately 12,000 employees in 2023 and has been restructuring its workforce, reflecting a trend among tech giants to optimize resources while investing heavily in advanced technologies [9] Regulatory Environment - Google is facing regulatory challenges, including antitrust cases that could impact its search engine and digital advertising operations, with potential outcomes that may lead to significant changes in its business structure [8][9]