Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on the nose, after CPI fell 0.1% in December, while core Read more
Tag: computers
Salesforce will lay off 10% of staff as part of restructuring
Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Salesforce will lay off 10% of staff as part of restructuring
Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Dow futures jump more than 300 points as traders start 2023 on a bullish note
U.S. stock futures rose as investors returned from the festive break in a generally bullish mood. How are stock-index futures trading S&P 500 futures ES00, +0.95% advanced 41 points, or Read more
These 20 stocks were the biggest losers of 2022
This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more
All 30 Dow stocks rise, led by Disney and Apple, the previous session’s worst performers
The Dow Jones Industrial Average’s DJIA, +1.01% 307-point rally in morning trading Thursday was unanimous, as all 30 components were gaining ground. The top performers were shares of Walt Disney Read more
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more
Apple stock drops toward 18-month low, heads for worst year since the financial crisis
Shares of Apple Inc. dropped 2.8% in midday trading Wednesday, to put them on track for a fourth-straight decline and the lowest close in 18 months. The technology behemoth’s stock Read more
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% Read more
Micron sales dive nearly 50%, and decline is expected to get worse as layoffs planned
Micron Technology Inc.’s revenue dropped 47% in its fiscal first quarter, and management projected that the decline would worsen to more than 50% in the second quarter as layoffs are Read more