Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Results were good, but not good enough. That’s Wall Street’s reaction to quarterly results on Tuesday from Alphabet and Microsoft. … Read more
A worker carries bananas inside the Walmart Supercenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP Walmart announced a three-for-one stock split on Tuesday as the retailer’s shares sit just below their all-time high. The company said the additional shares will be payable after the market closes Feb. 23 to shareholders of record … Read more
Igor Golovniov| Lightrocket | Getty Images Industrial technology company Trimble announced on Tuesday it would buy back up to $800 million worth of shares and add two directors to its board, just a few weeks after activist investor Jana Partners disclosed a stake in the company. Ron Nersesian and Kara Sprague will join Trimble’s board effective … Read more
Samsung logo displayed on a phone screen with a binary code reflected on it, a laptop keyboard, a memory card, an adaper and cables are seen in this illustration photo taken in Krakow, Poland on January 30, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics on … Read more
Inflation is cooling. Consumer spending continues to be at record highs, while consumer confidence has been trending up. And, after almost two years of rate hikes by the U.S. Federal Reserve, investors are expecting at least a few cuts to interest rates this year. Their anticipation is understandable: The federal funds rate hasn’t been this … Read more
Taylor Swift performs during The Eras Tour at SoFi Stadium in Inglewood Monday, Aug. 7, 2023. (Allen J. Schaben / Los Angeles Times via Getty Images) Allen J. Schaben | Los Angeles Times | Getty Images Taylor Swift endorsed President Joe Biden’s winning 2020 campaign — and while she hasn’t backed Biden’s reelection bid yet, … Read more
Hiraman | E+ | Getty Images It wasn’t so long ago that workers had the power to “quiet quit” or join the great resignation. That is no longer quite so easy. Some laid-off employees report they are having a hard time in their job search or making it through hiring processes. In fact, 55% of … Read more
A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. Fareed Kotb | Anadolu | Getty Images The world’s largest shipping company, MSC, and several retail and trade experts warned Congress on Tuesday that if the Red Sea chaos caused by Houthi rebel attacks … Read more
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters AMD reported fourth-quarter earnings on Tuesday that were in line with analyst expectations, while the company’s revenue beat estimates, but AMD offered … Read more
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., on Dec. 13, 2023. Liu Jie | Xinhua News Agency | Getty Images Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small piece of wording that could unlock the future of … Read more
