SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images SAP said on Tuesday that it aims to carry out voluntary buyouts or enable job changes for 8,000 employees as part of … Read more

Nvidia and its stock may go through an Apple-like transformation, Melius Research says

Nvidia and its stock may go through an Apple-like transformation, Melius Research says

Nvidia ‘s wise push into software and services is getting more attention on Wall Street, with one analyst drawing a parallel between Jim Cramer’s two “own it, don’t trade it” names. The emergence of chip powerhouse Nvidia as a major AI winner over the past year has been fueled by surging hardware sales — specifically, … Read more

World’s five richest men have doubled their wealth since 2020: Oxfam

World’s five richest men have doubled their wealth since 2020: Oxfam

Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one of the world’s richest men. Cooper Neill | Getty Images Sport | Getty Images The world’s … Read more

Google vows not to charge data transfer fees when cloud customers exit

Google vows not to charge data transfer fees when cloud customers exit

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google’s latest effort to win cloud deals over larger rivals Amazon and Microsoft involves making it cheaper for clients to leave. In a blog post Thursday, Google took aim … Read more

Only 2 are in the Magnificent Seven

Only 2 are in the Magnificent Seven

It was a big rebound year for stocks. The S & P 500 gained 24%, while the Dow rose 14% and the tech-heavy Nasdaq rose more than 43%. All three major averages were coming off big losses in 2022. Our portfolio of 33 stocks also bounced back. Throughout the year, we held onto our conviction … Read more