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January 30, 2023 at 4:06 PM. U.S. stocks tumbled Monday as investors await a blockbuster week that includes the latest Fed meeting, a flurry of heavyweight earnings reports, and jobs data. The S&P ...
Tech stocks have so far led an uptrend across U.S. equities to kick off the year, with the Nasdaq gaining more than 8% in January so far. Chip stocks helped extend the winning streak across tech ...
In corporate news, Microsoft said Wednesday that it is laying off 10,000 workers as part of an effort to cut costs.The layoffs impact roughly 4.5% of the company's 221,000 total employees ...
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AI leader Nvidia is set to report earnings after the closing bell on Wednesday, capping off the reports from America's tech giants. Expectations are once again sky-high for the chipmaker. Analysts ...
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Intel reported a quarterly earnings miss after the close Thursday, adjusted earnings per share coming in at $0.10 against the $0.19 expected by the Street. Revenue totaled $14.04 billion, below ...
In specific stock moves, shares of Disney ( DIS) rose Thursday morning after the company reported an earnings beat and revealed new restructuring plans that include eliminating 7,000 jobs from its ...