Apple, Amazon, Facebook and Google face earnings test amid Big Tech layoffs

In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning. After tech stocks were decimated in 2022, in...

Tech jobs hot despite Amazon, Google, Meta, Microsoft layoffs

Thomas Barwick | DigitalVision | Getty Images Big-name tech firms like Amazon, Google, Meta and Microsoft are undergoing mass layoffs, but job prospects for applicants in the broader tech ecosystem ar...

Walmart raises minimum wage as retail labor market remains tight

An employee arranges beauty product gift boxes displayed for sale at a Wal-Mart Stores Inc. location in Los Angeles, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Tuesday it is...

Uber Freight cuts 150 jobs, about 3% of the unit’s headcount

Uber Freight has laid off 150 employees, or about 3% of the segment’s total headcount. The layoffs impact the division’s Digital Brokerage team, Uber Freight CEO Lior Ron said in a Monday ...

Cramer names 6 e-commerce plays that are buys, says to wait on Amazon

CNBC’s Jim Cramer on Friday offered investors a list of e-commerce plays he believes are worth buying, despite the group’s rough performance in 2022. “There are still some e-commerce...

Jim Cramer says an ‘obsession’ with mega-cap tech names is overshadowing a bull market

CNBC’s Jim Cramer on Thursday said that the carnage in tech stocks is concealing a bull market in other names. “We had a very traditional bull market based on the dollar and interest rates...

LIV Golf reaches broadcast rights deal with CW Network

Signage on a golf ball at the LIV golf tournament on Thursday, Sept. 15, 2022, at Rich Harvest Farms in Sugar Grove, Illinois. Brian Cassella | Tribune News Service | Getty Images LIV Golf reached a m...

SAP CEO says the world is entering the ‘next phase of globalization’

The CEO of German tech giant SAP said the world is entering the next phase of globalization — and he’s largely optimistic on the outlook for technology despite challenges posed by higher interes...

Walmart and Salesforce partner to sell tech to retailers

As times get tighter in retail, Walmart is chasing a new side hustle. The retail giant, known for selling groceries, toothpaste, toys and more in its big-box stores, wants to sell more of its technolo...

Rent the Runway launches Amazon storefront to sell secondhand luxury

Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC Rent the Runway began selling its secondhand luxury clothes Thursday on Amazon as the subscription-based startup continues to chase profitability.  Hu...

Netflix will air SAG Awards in another step into live broadcasting

Aaronp | Bauer-Griffin | GC Images | Getty Images Netflix will exclusively air this year’s Screen Actors Guild Awards show in its first partnership with an awards show and its next step into liv...

Amazon’s Buy with Prime is a positive step, but the stock is still expensive

Amazon ‘s (AMZN) soon-to-be widely available Buy with Prime service, which allows Prime members to use their Amazon accounts to shop with other online merchants, could be a profitable revenue ch...

Coinbase to slash 20% of workforce in second major round of job cuts

Brian Armstrong, co-founder and chief executive officer of Coinbase Inc. David Paul Morris | Bloomberg | Getty Images Coinbase is cutting about a fifth of its workforce as it looks to preserve cash du...

CVS eyes next-generation health clinics after Amazon’s move for One Medical

CVS Health Corp. is investing in a young chain of health clinics, and may be looking to acquire another. CVS CVS, -0.12% invested $100 million in a Carbon Health Inc., a San Francisco-based chain of u...

Why a stock market obsessed with the Fed’s inflation fight should focus on Main Street jobs in 2023

Fortunes on Wall Street this year could hinge less on what’s happening to high-paid workers in San Francisco’s reeling technology sector and more on a familiar part of American life: the working class...

6 value stock picks for 2023 from successful money managers

Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inf...

Cisco layoffs begin with hundreds of job cuts in California and more expected

Cisco Systems Inc. has begun previously announced layoffs, cutting nearly 700 jobs in Silicon Valley last month, according to filings with the state of California this week. Cisco executives announced...

Chart Industries is not a buy

Carvana Co: “I do not want you in Carvana. I have disliked this stock for ages, and I reiterate that I still dislike it.” Chart Industries Inc: “This is not the time to go into a rea...

Silvergate, Bed Bath & Beyond, Walgreens and more

Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Silvergate — Shares ...

Dow ends down nearly 350 points after jobs data, hawkish Fed comments hammer stocks

U.S. stock indexes ended another choppy session in the red on Thursday as investors digested a fresh batch of labor-market data and hawkish commentary from Federal Reserve officials, while looking ahe...

Amazon’s Alexa will soon help EV drivers find a charger

Alexa for EV charging Source: Amazon Amazon is betting that Alexa, its voice-activated virtual assistant, can help ease one of electric vehicle drivers’ biggest worries: finding a charging stati...

Silvergate Capital, Walgreens, Amazon and more

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in New York City, November 26, 2021. Andrew Kelly | Reuters Check out the companies making headlines and moves in premarket tra...

Warner Bros. Discovery signs deal with startup Nielsen rival VideoAmp

Warner Bros. Discovery has signed a deal with VideoAmp to measure its audience as an alternative means of data for advertisers, the companies announced Tuesday.  The contract is a significant moment f...

This analyst who forecast a double-digit drop in stocks for 2022 now says Jeff Bezos may return to helm Amazon

If Tuesday was any indication of how the market will behave this year, then buckle up, it looks like it will be a wild one. The Dow Jones Industrial Average DJIA, -0.21% had a 537-point trading range,...

Tesla, Wynn, Traeger, Amazon and more

Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired.  Jan Woitas | Picture Alliance | Getty Images Check ou...

These states will raise their minimum wages in 2023

Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in m...

These 20 stocks were the biggest losers of 2022

Updated with Dec. 30 closing prices. This was a year of reckoning for Big Tech stocks — even those of companies that continued to grow sales by double digits. Below is a list of the 20 stocks in the S...

Money managers are hopeful about the stock market in 2023. How they plan to invest

Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE (Click here to subscribe to the new Delivering Alpha newsletter.) Despite this year’s market havoc, investors are feeling fairly opti...

‘Five days that killed the year’: These trading sessions accounted for 95% of the S&P 500’s losses in 2022

Just five trading sessions accounted for more than 95% of S&P 500 index losses in 2022, according to an analysis by Datatrek co-founder Nicholas Colas in a note published Wednesday, as stocks head...

A reckoning is upon us. Here’s what to expect

Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, the former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in ...

Buy shares of only the strongest companies to make money in 2023, including ‘the kings of cash flow,’ says this five-star fund manager

Depending on your perspective as an investor, 2022 has either been a perfect storm or a perfect opportunity. The Federal Reserve’s rapid increase in interest rates and other tightening moves to fight ...

What to expect for the stock market in 2023 after the biggest drop in 14 years

Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to b...