From HP, Amazon, Roku and Beyond Meat to Meta and Twitter, big names across a number of sectors have announced major layoffs in October and November. Alphabet Inc. GOOGL, +1.45% GOOG, +1.53% is consid...
Tag: Computers/Electronics
Google looks to shed 10,000 ‘poor performing’ workers: report
Another major tech titan is bracing for thousands of layoffs. Alphabet Inc.’s GOOGL, +1.45% GOOG, +1.53% Google is considering 10,000 layoffs — or 6% of its worldwide workforce — based on a ranking sy...
Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs
Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stocks struggling, oil tumbling and the dollar higher as Monday’s session gets underway. In a shortened w...
Veteran manager offers 5 ‘cheap, quality, dividend’ stocks that will let you play one of tech’s biggest themes.
2022 may be remembered as the year investors fell out of love with tech stocks. While the Nasdaq Composite COMP, -3.91% is up about 5.3% this quarter, that’s after three dismal ones, and a 28% loss fo...
FTX victims are setting up GoFundMe fundraisers to try to get their money back
People who say they have lost money in the collapse of crypto exchange FTX are turning to strangers to cover their losses by setting up GoFundMe fundraising pages. They include a man who says that he ...
Opinion: This record number in Nvidia earnings is a scary sight
Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday ...
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this cycle of t...
‘Oh, my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next.
Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth-straight jumbo hike. Bruised investors continue to se...
The S&P 500 can get to 4,150 before ‘reality sets in,’ says Morgan Stanley’s normally bearish top strategist
We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 50...
TSMC’s stock slumps after reported diss of U.S. chip efforts; industry downgrades also weigh on sector
Chip stocks lagged behind the broader market Monday following one report that Taiwan Semiconductor Manufacturing Co. is pessimistic about U.S. efforts to build domestic capacity, and another that said...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Intel reportedly to start ‘targeted’ layoffs in November
Intel Corp. is planning on announcing “targeted” layoffs in November, according to a report late Thursday, citing an internal video shared with employees. After the close of markets Thursday, The Oreg...
UBS has released its annual house-price bubble report. Here are the most overvalued markets.
The housing market is in something of its own recession as mortgage rates have surged. If the economist consensus is right about an existing home sales report due later in the morning, then sales will...
Want to keep beating the S&P 500 and at much lower risk? Bet on Buffett, and perhaps this younger clone, says fund manager.
Optimism from a bullish start to the week is set to spill over into Tuesday’s session, with stock futures tearing higher. That’s as Goldman Sachs — and Netflix later — will keep the earnings ball roll...
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary pol...
I got laid off by a big tech company. What’s my next career move?
Being let go from a job is hard, especially at a moment when the cost of living is rising and a recession is looming. This Thanksgiving, tens of thousands of recently laid-off tech workers will be ask...