Money
Tech giant to cut pay for staff who work from home?
Google has unveiled plans to give employees who opt to work from home a pay cut – as companies around the world grapple with the challenges of a post-pandemic workforce
It comes as many big tech giants in America’s Silicon Valley struggle to lure their employees back to the office.
Google has developed a pay calculator that will allow staff to see the impacts of working remotely or changing office locations.
Likewise, other companies like Microsoft, Facebook, and Twitter have offered lower salaries for employees who are based in areas where it isn’t as expensive to live
Google says its compensation packages “have always been determined by location” and it “always pays at the top of the local market based on where an employee works from.
“Our new Work Location Tool was developed to help employees make informed decisions about which city or state they work from and any impact on compensation if they choose to relocate or work remotely.”
The tech giant’s Work Location Tool has been developed “to help employees make informed decisions about which city or state they work from and any impact on compensation if they choose to relocate or work remotely.”
Money
RBA rate shock: ASX200, Gold and Crypto market
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.
The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.
Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.
We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.
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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook
Money
Dow hits record while tech stocks drive market gains
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.
Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.
Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.
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Money
Tech stocks slide as investors rotate into small-cap and value plays
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.
Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.
Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.
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