Indian-origin middle-class family boy turns billionaire: Alphabet CEO Sundar Pichai joins elite club; despite not being a founder

Alphabet Inc.’s strong earnings on Wednesday added to its explosive rally since early 2023, pushing its market value up by over $1 trillion and delivering a 120% return to investors.The surge has also made CEO Sundar Pichai a billionaire. His net worth is estimated at $1.1 billion by Bloomberg and $1.2 billion by Forbes’ real-time…

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‘I’d love him to lower interest rates’: Donald Trump grills Powell to cut rates; spars over Fed renovation costs in rare headquarter visit

US President Donald Trump took aim at Federal Reserve Chair Jerome Powell during a rare visit to the central bank’s headquarters on Thursday, criticising the ballooning cost the historic buildings and renewed his demand for lower interest rates.During his visit to the Federal Reserve’s Washington site, just days before a key policy meeting, Donald Trump…

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Gold price prediction today: What’s the gold rate outlook for July 25, 2025; why a ‘sell on rise’ strategy makes sense?

Gold price prediction today: The short-term outlook for gold remains cautious, with bearish signals intact across major indicators. (AI image) Gold price prediction today: Gold rates will be under pressure with a bearish outlook for the near term, say analysts. Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities:Gold…

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No more beef over beef: Australia to finally take a bite of American meat; ‘we are going to sell so much’ says Donald Trump

Australians will be finally biting onto American meet burgers and steaks as Canberra has decided to remove the trade barriers obstructing US meat’s way into the country.US President Donald Trump on Thursday (local time) hailed Australia’s decision to lift a decades-long ban on American beef as a “historic win” and proof that US produce is…

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Tesla slumps, Alphabet jumps: Google’s parent company stock gains 3% on AI spend, Tesla drops 9% after Q2 result

Tesla and Alphabet stocks delivered sharply contrasting movements on Thursday, sending their shares in opposite directions and exposing choppy undercurrents beneath Wall Street’s calm surface.Alphabet rallied 3.1% after it beat quarterly profit estimates and announced a $10 billion increase in AI chip and infrastructure investment this year, taking its total to $85 billion. The move…

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