Twelve thousand layoffs at Google. Eleven thousand at Facebook; 10,000 at Microsoft; 18,000 at Amazon; 8,000 at Salesforce; 4,000 at Cisco; 3,000-plus at Twitter. The… Read More »How Did Tech Become America’s Most Troubled Industry?
Fundamentally, both might share more similarities than differences. Apple could be better suited for disruptive innovation and more compelling valuations. Microsoft stands out for its… Read More »Apple vs. Microsoft: Which Tech Stock To Own In 2023?
Even as millions in the US lost their jobs, already rich tech billionaires added a combined $2.1 trillion to their personal fortunes as stocks of… Read More »Musk, Bezos and other tech billionaires lost over $500 billion of wealth in 2022
Tech companies including Microsoft Corp. and Meta Platforms Inc. are expected to hit the bond market in size to buy back stock after last year’s… Read More »share buyback: Big tech targets bond market for cash to buy back sinking stocks
A steady slide in Apple shares pushed the iPhone maker’s market value below $2 trillion, the latest casualty in the tech stock rout. Apple fell… Read More »Apple drops below $2 trillion market value as tech rout continues
Some investors still aren’t sold on the sector. The Nasdaq Composite closed out the week with its biggest two-day gain since 2008, after softer-than-expected inflation… Read More »Investors question whether Big Tech’s rebound can last
Mumbai: Foreign fund managers are nibbling at beaten-down shares of information technology (IT) companies after dumping them in the past 12 months. These investors invested… Read More »FPI | Tech stocks: FPIs buy ‘battered’ tech stocks after remaining sellers for a year
Network connections and data exchanges will blaze the path for the future. getty How things have changed. Last year, the Big Five tech companies were… Read More »4 Unsung Tech Stocks That Should Outshine The Big Boys
Topline Several major technology stocks crashed this week as a flurry of lousy earnings came out, as typically high-growth shares of the West Coast titans… Read More »Here’s How Big Tech Stocks Have Performed In 2022 As FAANG Softens Its Bite
Topline Several major technology stocks crashed this week as a flurry of lousy earnings came out, as typically high-growth shares of the West Coast titans… Read More »Here’s How Big Tech Stocks Have Performed In 2022 As FAANG Softens Its Bite