Top 5 things to watch in markets in the week ahead
By Noreen Burke Investing.com -- It’s set to be an action-packed week as three of the world’s largest central banks hold policy meetings and three out of the top four U.S....
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What Big Tech companies are saying to justify mass layoffS
New Delhi, Jan 29 (IANS) As more and more Big Tech companies continue to sack employees, they have listed various reasons behind the move -- over-hiring, uncertain global macroeconomic...
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Layoffs at tech giants are cyclical, don't run gamut of jobs across vertical
Also, the big company jobs are only a portion of the tech jobs many of which are in unglamorous companies and government agencies outside the tech area and need the workers to keep them...
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A story of shattered hope behind every pink slip: Look up LinkedIn
Shilpi Soni, a software engineer from India, was among those who lost her job at Goldman Sachs (NYSE:GS), which laid off around 3,200 employees. Impacted by the layoff, Soni took to...
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219 tech firms sack over 68K employees in Jan, deeper layoffs coming
New Delhi, Jan 29 (IANS) The month of January started on a super bad note for employees in the tech world. With more Big Tech companies like Microsoft (NASDAQ:MSFT) and Google...
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Intel slumps in premarket after shocking guidance raises dividend doubts
By Liz Moyer and Geoffrey Smith Investing.com -- Intel (INTC) stock opened sharply lower in premarket on Friday after the chipmaker's dire results and guidance late on Thursday reinforced...
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Intel slumps in premarket after shocking guidance raises dividend doubts
By Liz Moyer and Geoffrey Smith Investing.com -- Intel (NASDAQ:INTC) stock opened sharply lower in premarket on Friday after the chipmaker's dire results and guidance late on Thursday...
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Tech jobs still hot in US amid mass layoffs, finds report
San Francisco, Jan 27 (IANS) As tech companies continue to slash jobs, the demand for tech positions has not diminished in the US, with eight of the top 10 "best jobs" this year being...
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Microsoft, Qcells colab to curb carbon emissions, power clean energy economy
San Francisco, Jan 27 (IANS) Tech giant Microsoft (NASDAQ:MSFT) has announced that it has partnered with global solar leader Qcells to curb carbon emissions and power the clean energy...
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After Google, Microsoft facing antitrust probe for Teams platform
Slack filed a complaint with the EU’s antitrust body in 2020 saying that Microsoft should unbundle Microsoft Teams and other software with its widely-used Office suite.
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GitHub crosses 100 mn developers, over 10 mn in India alone
New Delhi, Jan 26 (IANS) Microsoft-owned open source developer platform GitHub has reached 100 million members globally, and is growing fast in India too where it has crossed 10 million...
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Dell acquires Cloud services startup Cloudify for '$100 mn'
San Francisco, Jan 26 (IANS) Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and infrastructure automation. According to reports, Dell spent...
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Tech major IBM lays off 3,900 employees, bets big on hybrid cloud, AI
New Delhi, Jan 26 (IANS) Tech giant IBM (NYSE:IBM) is laying off 3,900 employees, which is a result of the spinoff of IT infrastructure services provider Kyndryl business and part of the...
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Stock market today: Dow ends flat as Microsoft fights back, financials gain
By Yasin Ebrahim Investing.com -- The Dow cut losses to close flat Wednesday, inspired by Microsoft's rebound from intraday lows and gains in the financials as investors continued to digest...
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Economic output, jobless claims, card earnings: 3 things to watch
By Liz Moyer Investing.com -- Tech stocks led a slide in the major indexes on Wednesday, weighed by investor worries over slowing growth and a pullback in customer activity. While a slowdown...
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S&P 500 off lows as Microsoft cuts losses, but Alphabet weighs
By Yasin Ebrahim Investing.com -- The S&P 500 moved off lows Wednesday, as investors weighed up a slump in Alphabet against a rebound in Microsoft despite the latter's mixed quarterly...
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U.S. stocks are falling after lackluster reports from Microsoft, Boeing
By Liz Moyer Investing.com -- U.S. stocks are falling after lackluster results from Microsoft and Boeing stoked fears about a recession. At 9:51 ET (14:51 GMT), the Dow Jones Industrial...
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U.S. stock futures fall amid slew of fresh corporate earnings
By Scott Kanowsky Investing.com -- Wall Street futures were lower on Wednesday, with traders looking ahead to a fresh set of corporate results and key U.S. gross domestic product figures...
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Microsoft's Q2 EPS gets mixed reviews, prompts one downgrade on Azure worries
By Investing.com Staff Microsoft's (NASDAQ:MSFT) fiscal year 2023 second quarter earnings after the close are getting mixed reviews on Wall Street Wednesday morning. Several firms cut their...
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5 big earnings reports: Microsoft slips on sluggish revenue
By Davit Kirakosyan Investing.com -- |Microsoft shares are slumping this morning after the software giant reported its slowest sales growth in six years. Here are the 5 biggest earnings...
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European stocks muted amid corporate earnings, German economic data
By Scott Kanowsky Investing.com -- European equities were subdued on Wednesday, as investors mulled over fresh corporate earnings and eyed the upcoming release of new economic data out of...
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The age of AI is upon us and Microsoft is powering it: Satya Nadella
New Delhi, Jan 25 (IANS) As the world goes gaga over the real-life use cases of ChatGPT, Microsoft (NASDAQ:MSFT) Chairman and CEO Satya Nadella has said that the next major wave of computing...
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Microsoft logs slowest quarter growth in 6 years, PC sales nosedive
New Delhi, Jan 25 (IANS) Microsoft (NASDAQ:MSFT) has recorded its slowest sales growth in more than six years in its December quarter of 2022, as it took a $1.2 billion hit after laying off...
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Biden 'personally' understands impact of layoffs on family: WH
New York, Jan 25 (IANS) With massive tech layoffs hitting Indians in the US, the White House has said that President Joe Biden "personally" understands how losing a job impacts a family. In...
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Dow futures trade flat, Microsoft dips 1% after earnings
By Oliver Gray Investing.com - U.S. stock futures were trading steady during Tuesday’s evening deals, after major benchmark indices finished the regular session mixed as investors...
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Microsoft shares gain 4% on Q2 EPS beat
By Davit Kirakosyan Microsoft (NASDAQ:MSFT) shares surged more than 4% after-hours following the company’s reported {{erl-252||Q2 results, with EPS of $2.32 coming in better than the...
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Stock market today: Dow rises as earnings season heats up; Microsoft Q2 EPS Beats
By Yasin Ebrahim Investing.com -- The Dow notched a third-straight day of gains Tuesday as...
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Microsoft Tops Q2 EPS by $0.02
(Updated - January 24, 2023 4:03 PM EST)Microsoft (NASDAQ:MSFT) reported Q2 EPS of $2.32, better than the analyst estimate of $2.30. Revenue for the quarter came in at $52.7 billion versus...
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Microsoft tops Q2 EPS by $0.02, revenue falls short of estimates
Investing.com - Microsoft (NASDAQ:MSFT) reported second-quarter EPS of $2.32, $0.02 more than the analyst estimate of $2.30. {{erl-252||Revenue for the quarter came in at $52.7B versus the...
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