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Amazon’s massive layoffs aren’t driven by cost-cutting or artificial intelligence, according to CEO Andy Jassy. Instead, the move reflects a strategic shift aimed at reshaping company priorities and improving efficiency, signaling a broader cultural and organizational change within the tech giant.
Sebi’s plan to cap brokerage fees could significantly reshape India’s mutual fund landscape. The proposed change aims to curb excessive commissions and boost transparency, but experts warn it might disrupt existing business models and reduce distributor incentives across the investment ecosystem.
Gold prices tumbled 2% to around $4,039 per ounce after a 6% plunge, marking the steepest drop in over a decade. Analysts attribute the fall to technical selling and profit-taking ahead of US inflation data, though long-term outlook remains bullish into 2026.
The Federation of Thai Industries urged the Bank of Thailand to curb the “unnaturally strong” baht, citing losses in exports and tourism versus Vietnam. They warned unregulated gold and crypto trades may fuel money laundering and currency volatility, worsening Thailand’s economic slowdown.
GoldStockData.com’s Don Durrett predicts a strong surge in gold and silver prices ahead, calling gold the true market signal despite stock market highs. He outlines key buying opportunities and shares his strategy for gold and silver stocks.
