technologyfinance2.27 min read
"Semiconductor Stocks Slide as ASML Earnings Decline"
1 year ago•Source: CNBC
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0.355 min•1 year ago
"Corporate Battles: Intel's Chip Claims, Disney's Proxy War, and Iger's Boardroom Victory"
Intel's CEO Patrick Gelsinger makes bold claims for the new chip at the Intel Ocotillo Campus in Chandler, Arizona, while CNBC's Investing Club discusses bad calls on Wells Fargo and Freeport-McMoRan in their Homestretch update.
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Arm's Stock Soars Amid AI Hype: A Brief Overview
Yahoo Finance•1 year ago
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"Software Sector Awaits Microsoft Earnings Impact"
MarketWatch•1 year ago
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"2024 Tech Layoffs: Impact and Implications for the Industry"
Originally Published 2 years ago — by Morning Brew
Tech companies have initiated a wave of job cuts in 2024, with 46 companies laying off approximately 7,500 employees in the first two weeks of the year. Notable layoffs include Google, Amazon, Discord, and Apple. Additionally, finance companies like Citigroup and BlackRock are also planning significant workforce reductions. Despite the layoffs, experts suggest that these job cuts are different from previous years, reflecting healthy companies adjusting their priorities rather than sweeping cost-cutting measures. The overall hiring across the US economy remains strong, with the unemployment rate declining to 3.7% in December.
"Nvidia's Stock Reaches Record Highs with Healthcare Partnerships and CES Anticipation"
Originally Published 2 years ago — by MarketWatch
Nvidia's stock surged to a record high after announcing expanded partnerships in the healthcare sector and ahead of its new chip unveiling at the CES conference. The company's market capitalization has reached $1.28 trillion, making it one of only five U.S. companies with a 13-digit market cap. The stock's rally was fueled by partnerships with Amgen Inc. and Recursion Pharmaceuticals Inc., as well as the anticipation of launching new graphics-processing units at CES.