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Finance & Markets

Sergey Brin’s net worth drops $29 billion as Alphabet stock tumbles

The fortunes of Sergey Brin and Larry Page took a hit as Alphabet's stock fell over 12%. This decline was fueled by slower growth in Google's fundamental search sector and increasing expenditures on AI projects. Although cloud services demonstrated impressive growth, the company's quarterly revenue came in below expectations, heightened by new European regulations and significant AI spending,…

Sergey Brin’s net worth drops $29 billion as Alphabet stock tumbles

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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U.S. Pushes to Restore Russian Gas Flows to Europe

The United States has discussed with Russia the possibility of restoring natural gas flows to Europe via pipelines running through Ukraine, the Wall Street Journal has reported, citing unnamed sources…

  • U.S. explores reestablishing Russian gas deliveries to Europe via Ukrainian pipelines.
  • Proposal involves selling Russian gas through a U.S. intermediary, facing legal hurdles.
  • Reinstating gas flows could benefit Ukraine's revenue and alleviate EU gas prices.

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