Google's head of public policy for India has resigned just five months after taking the job, two sources told Reuters, at a potentially critical time for the U.S. tech giant as it awaits the outcome of at least two antitrust cases in the country. The reasons for Archana Gulati's resignation were not immediately clear. Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank, declined to comment.
(Bloomberg) -- The great tech selloff of 2022 is far from over as investors brace for earnings misses that may spur a more than 10% plunge in the Nasdaq 100.Most Read from BloombergUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEJohn Paulson on Frothy US Housing Market: This Time Is DifferentBank of England Says Paper Banknotes Only Good for One More WeekWall Street Banks Prep for Grim China Scenarios Over TaiwanInterpol Issues Red Notice for Terra’s Do Kwon, Korea SaysMore than two-
For years, FAANG stocks (a phrase coined by CNBC's Jim Cramer) were among the best-performing large-cap companies. While all five companies in the grouping are solid businesses, some of the stocks have performed much better than others recently, and only one has outperformed the broader market this year.