Wall Street is in the red after a slew of early earnings and as Microsoft results await. That’s a day after soft-economic landing hopes fueled fresh 2023 highs for the S&P 500 SPX, -0.07% and Nasd...
Tag: Software
Microsoft Posts Earnings Beat On Solid Cloud Results, But Guidance Disappoints
Microsoft posted better-than-expected results for the December quarter, driven by strength in cloud computing. But the strong results were tempered by disappointing guidance for the March quarter. Whi...
Microsoft Second-Quarter Earnings Live Blog
Microsoft’s disclosures about how corporate tech spending is shaping up in 2023 will get close attention as the software giant reports on Tuesday afternoon. Among analysts polled by FactSet, the conse...
Sumo Logic stock surges more than 30% on reported buyout interest
Sumo Logic Inc. SUMO, +28.68% stock soared Monday on a report that the data-analytics software company has been approached by private equity firms expressing interest in a possible buyout. Sumo Logic ...
Jeff Ubben’s Inclusive Capital takes stake in Salesforce as more activists target the software giant
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Jeff Ubben’s Inclusive Capital has taken a posi...
Tesla, AT&T, Visa, Chevron, Microsoft, and More Stocks to Watch This Week
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Tesla, AT&T, Visa, Chevron, Microsoft, and More Stocks for Investors to Watch This Week
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Capital One Job Cuts Signal Trouble for IT Labor Market
IT positions have largely been seen as insulated from the job cuts that have hit workers at major technology firms like Alphabet Inc. and Microsoft Corp., but the Capital One layoffs affecting 1,100 e...
Former FTX US president raises $5M for new crypto software firm
The former head of FTX US is launching a new cryptocurrency software company and has raised $5 million from several investors, according to Bloomberg. Brett Harrison, who served as president of FTX U...
Former FTX US Head Launches New Crypto Software
According to Bloomberg, the former CEO of FTX US is creating a new bitcoin software firm and has already secured $5 million from different investors. Coinbase Ventures and Circle Ventures have provide...
Robinhood has now finally entered the software wallet game – Cryptopolitan
Robinhood has now finally entered the software wallet game. The crypto company recently launched the Robinhood Wallet supported by a smartphone app that enables users to swap and transfer crypto. Not ...
Why Crypto Software Company ConsenSys Is Sacking Nearly 100 Staff
New York City-headquartered ConsenSys, the crypto software firm and parent company behind MetaMask, is sacking 11% of its personnel, Reuters reported, Thursday. Even though 2023 is barely a month old,...
Swing launches software tool for easier deployment of cross-chain solutions
Decentralized cross-chain liquidity protocol Swing debuted a new widget and software developer kit (SDK) to simplify cross-chain crypto deployments. Swing’s new widget and SDK support 21 EVM-com...
SmileDirectClub stock rallies on cost cuts, workforce ‘realignment’
Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost cuts and a “realignment” of its workforce — even as its sales forecasts came u...
Software Wallet Market Sees New Entries With Improved UX
MetaMask saw two new browser extensions jump into the software wallet market as the ripples from the FTX collapse continue to increase demand for non-custodial solutions. Frontier Wallet, an “all-in-o...
SkyBridge Capital CEO Anthony Scaramucci Makes New Crypto Bet With Investment in Trading Software Venture: Report
Hedge fund veteran and crypto bull Anthony Scaramucci is reportedly making investments in a new trading software firm created by the former president of bankrupt crypto exchange FTX.US. According to a...
Miner US Limited Offers the Most Effective and Cheapest USDT Hash Cloud Mining Software
Until a few years ago, bitcoin mining was one of the most lucrative business prospects in the blockchain industry. Nonetheless, when more individuals entered the mining sector, the degree of competiti...
Apple CEO Tim Cook’s Pay Cut in Half
Times are tough in tech. The sector was wiped out on the stock market last year as fears about the health of the economy intensified and the covid-19 pandemic took off again in China. That’s wh...
Virgin Galactic Shakes Up Management. The Stock Soars.
Space tourism startup Virgin Galactic has made changes at the top as it prepares to launch commercial space flight service later this year. The stock is taking off, but the management move probably is...
Are high car prices the new normal? If you’re waiting to buy a car, stand firm, experts say—it may pay off.
The roller coaster economic ride that began with the emergence of COVID-19 in early 2020 has reshaped how car buying works. Will it ever get back to what we might call “normal?” Brian Finkelmeyer, sen...
A Seattle tech worker inspired by the movie ‘Office Space’ swiped $300K from his employer in an alleged software scheme — here are the 3 simple ways to protect your money online
A Seattle tech worker inspired by the movie ‘Office Space’ swiped $300K from his employer in an alleged software scheme — here are the 3 simple ways to protect your money online The 1999 c...
Coinbase, MicroStrategy and Other Crypto Stocks Fly. Why Gains Could Continue.
Shares in companies exposed to the cryptocurrency space tore higher on Monday. Many of these stocks are beaten down and widely bet against by traders, which means that gains could be accelerated throu...
Sell Microsoft Stock. The Software Giant Is Facing a Bad Economy, Says Analyst.
Guggenheim is getting more pessimistic about Microsoft stock on the risk of a slowing global economy. On Tuesday, analyst John DiFucci lowered his rating on software giant Microsoft (ticker: MSFT ) to...