Alphabet Inc., the parent company of Google, faced a challenging day on Wall Street as its stock tumbled over 7%. Despite posting fourth-quarter revenues of $96.5 billion, marking a 12% increase compared to the same period last year, this growth rate is the slowest since 2023. The primary disappointment came from Alphabet’s Cloud division, which reported a 30.1% revenue increase to $12 billion—a noticeable deceleration from the previous…

The European Union (EU) is gearing up to impose a gradual embargo on Russian aluminum, adding a significant element to its next sanctions package targeting Moscow. This policy shift is causing ripples in the aluminum market, leading to increased volatility in metal prices at the London Metal Exchange (LME). The market’s recent rally, which saw aluminum prices spike to $2,637 per ton on Wednesday, January 29, has been…

Spotify, the Swedish music streaming giant, achieved a remarkable financial milestone by reporting profitability for the entire year of 2024. This milestone was unveiled during the presentation of its latest quarterly figures, which showcased significant growth in both subscriber numbers and sales amidst a competitive market landscape. By the end of 2024, Spotify had amassed 263 million premium subscribers, representing an impressive 11% increase compared to the final…

In recent days, Bitcoin’s value has experienced a significant decline, dropping by approximately 10%. Other cryptocurrencies have faced even steeper losses. Most analysts attribute this downturn to new import tariffs introduced by U.S. President Donald Trump. As of noon on Monday, investors were paying around $95,300 (93,000 euros) per Bitcoin, a decrease of about 10% from Friday. Earlier in the day, the price dipped below $92,000. According to…