Google processes approximately 13.7 billion searches per day, totaling over 5 trillion searches annually as of 2025.
This immense volume underscores Google's dominance in the search engine market, where it holds a 90.14% global market share. The platform's integration into daily life is evident, with billions relying on it for information, navigation, and more.
Google's vast reach and continuous growth highlight its pivotal role in shaping how the world accesses and interacts with information.
Market Wrap
Jobs Up, Talks On, Markets Rise
China Signals Openness to Trade Talks:
China's Commerce Ministry announced it is evaluating the possibility of resuming trade negotiations with the United States. This development follows the U.S. administration's recent pause on certain tariff increases and exemptions for key tech products. The potential thaw in trade relations boosted investor sentiment, contributing to gains in global stock markets, including a 1.5% rise in the S&P 500.
Nonfarm Payrolls Exceed Expectations:
The U.S. economy added 177,000 jobs in April, surpassing economists' forecasts of 130,000. The unemployment rate remained steady at 4.2%, and average hourly earnings increased by 0.2% month-over-month, marking a 3.8% rise year-over-year. This robust job growth indicates resilience in the labor market despite ongoing trade tensions.
Labor Force Participation and Underemployment:
The labor force participation rate edged up to 62.6%, while the underemployment rate slightly decreased to 7.8%. These figures suggest a modest improvement in labor market engagement and a reduction in underutilization of labor resources.
President Trump's 2026 Budget Proposal:
The White House unveiled a proposed 2026 budget emphasizing increased national security spending while cutting $163 billion from non-defense domestic programs, including climate initiatives and diversity programs. The budget also proposes reductions in funding for public broadcasters and efforts to eliminate school desegregation orders. While the budget serves more as a political statement than binding legislation, it signals the administration's policy priorities, which could impact sectors such as defense, education, and environmental services.
Bipartisan Push to Ban Lawmakers from Trading Stocks:
President Trump publicly endorsed a bipartisan proposal to prohibit members of Congress from trading stocks. This support, along with backing from top Democrats, could increase the likelihood of legislative action on this issue.
Apple Inc. shares fell 3.7% after reporting mixed earnings. While the company beat revenue and EPS projections, weaker-than-expected sales in China and a projected $900 million cost from new U.S. tariffs weighed on investor sentiment. Additionally, a federal judge accused Apple of lying under oath in its legal battle with Epic Games, potentially exposing the company to criminal prosecution.
Meta Platforms Inc. shares surged on the back of strong earnings results. Increased user engagement and raised capital spending plans signaled confidence in future growth, particularly in AI applications.
Duolingo Inc. shares advanced after the language learning platform reported a surge in user engagement and subscription growth in its latest quarterly results. The company's innovative features and marketing strategies contributed to its strong performance.
Twilio Inc. shares increased following news of its acquisition of a smaller competitor, aiming to consolidate its position in the cloud communications market. Investors reacted positively to the potential synergies and expanded customer base resulting from the deal.
Freight Technologies Inc. shares jumped 111% following the release of its quarterly earnings report, which exceeded analyst expectations. The company's strong performance was attributed to increased demand for its logistics solutions amid global supply chain disruptions.
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