Technology stocks are off to a strong start after enduring a miserable 2022. The first big test of the new year’s rally is on tap.… Read More »Investors Await Tech Earnings in Next Test for Markets
Google and Microsoft Corp. MSFT 3.57% this past week joined other tech companies, big and small, in cutting jobs and shelving some products and projects… Read More »Tech Layoffs Unwind Recent Head-Count Growth, Torpedo Long-Shot Projects
The era of moonshots is (mostly) over. This year tech companies are taking a more earthly approach. Stock charts both explain the change in boardroom… Read More »Big Tech Stops Doing Stupid Stuff
Amazon. AMZN -0.79% com Inc.’s layoffs will affect more than 17,000 employees, according to people familiar with the matter, the highest reduction tally revealed in… Read More »Amazon Layoffs to Hit Over 17,000 Workers, the Most in Recent Tech Wave
Technology-driven companies across industries have been laying off workers at the fastest pace since the Covid-19 pandemic shocked the global economy in 2020, according to… Read More »Tech Layoffs Are Happening Faster Than At Any Time During The Pandemic
The Southwest Airlines Co. meltdown that stranded thousands of passengers during one of the busiest travel weeks of the year exposed a major industry shortcoming:… Read More »Southwest Meltdown Shows Airlines Need Tighter Software Integration
The Dow is beating the broader market to a degree not seen in nearly a century. The Dow Jones Industrial Average is down 5.3% this… Read More »Dow Shines as Higher Rates Squeeze Nasdaq’s Tech Stocks
Shares of the largest US technology firms have fallen out of favor in the most pronounced way since the 2000 tech bubble, victims of a… Read More »Rate Squeeze Punishes Once-Triumphant Tech Stocks
The 20 richest tech billionaires have collectively lost nearly half a trillion dollars this year amid the stock market’s sharp tumble, a loss of wealth… Read More »The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year
Apple Inc. AAPL 7.66% should probably consider sending a thank-you card to Microsoft, Amazon, AMZN -9.73% Google and Facebook. META 0.71% In what has been… Read More »Apple’s High Note Clears a Low Tech Bar