European Defence Stocks Soar Amid Ukraine Peace Deal Hopes

Defence stocks in Europe have surged as investors anticipate increased military spending by governments and allies after the UK and France led an effort to form a peace deal for Ukraine. Britain’s BAE Systems rose 15% on Monday, while Germany’s Rheinmetall gained 14%, France’s Thales increased 16%, and Italy’s Leonardo also saw a 16% gain. … Read more

Safe Haven Currencies Rise Amid US Volatility

US President Donald Trump’s regime is creating uncertainty in global markets, causing analysts to shift their attention towards safe haven currencies. The British pound and Japanese yen are expected to be winners in this environment. Jane Foley, head of FX strategy at Rabobank London, expects the British pound to continue its upward trend due to … Read more

Elon Musk’s Net Worth Plunges Despite Diversified Portfolio

Elon Musk remains the world’s richest person despite losing $81 billion in just two months, according to the Bloomberg Billionaires Index. His net worth currently stands at $351 billion, with SpaceX contributing the largest portion of his wealth. As of March 2, 2025, Musk owns approximately 42% of SpaceX, which was valued at nearly $350 … Read more

NASA, Nokia Deploy First-Ever Mobile Network on the Moon

NASA and Nokia have successfully deployed the first-ever mobile network on the Moon, marking a major milestone in lunar exploration. The Lunar Surface Communication System (LSCS) was launched as part of Intuitive Machines’ IM-2 mission, providing high-definition streaming, telemetry exchange, and reliable connectivity for lunar operations. The LSCS uses cellular technology similar to Earth’s, operating … Read more

Markets Feel Trump’s Tariffs as Global Growth Slows

US stocks fell on Monday, with the Dow shedding 650 points, amid President Donald Trump’s promised tariffs on Canada and Mexico taking effect Tuesday. The S&P 500 dropped 1.75% and the Nasdaq Composite declined 2.6%. Nvidia plummeted over 8%, its biggest decline since December. The move comes after hopes for a last-minute deal between the … Read more

Paradise Season 2 to Premiere Soon, Creator Confirms

Paradise fans, rejoice! The creator of the popular Hulu show has reassured viewers that Season 2 won’t be too long in coming. Dan Fogelman, also behind hit series “This Is Us,” responded to a fan’s concerns on X, stating that filming will start soon and promises that it won’t take two years. The thriller follows … Read more

Goldman Sachs Announces Layoffs Amid Efficiency Efforts

Goldman Sachs is preparing to cut its workforce, targeting vice presidents in an effort to improve efficiency. The firm’s CEO, David Solomon, has told senior executives that excessive hiring of vice presidents in recent years led to the decision. This move aims to enhance the firm’s operational performance, a priority for Solomon. Source: https://www.wsj.com/finance/goldman-sachs-to-target-vice-presidents-in-next-round-of-cuts-9f435590

Goldman Sachs to Cut 3-5% of Staff Amid Job Cuts

Goldman Sachs Group Inc. is set to begin its annual round of job cuts earlier than usual, targeting a reduction of between 3% to 5% of its staff. According to a person familiar with the matter, the bank will focus on reducing vice president positions after adding too many in recent years. The move comes … Read more