Cisco, Bath & Body Works, Nvidia and more
A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making…
Microsoft, Meta, others face rising drought risk to their data centers
Drought conditions are worsening in the U.S., and that is having an outsized impact on the real estate that houses the internet. Data centers generate massive amounts of heat through…
The companies that have cut jobs this year
Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images The job cuts in tech land are piling…
Salesforce cut hundreds of employees Monday
Salesforce on Tuesday confirmed that it cut some employees this week after the enterprise software maker saw demand lighten in some countries and industries. Protocol reported earlier on the cuts,…
Club names that have been big winners before
Strange, but true: The S & P 500 has been solidly higher 12 months after the midterm elections in every cycle since 1954, according to Yardeni Research, regardless of which…
AMD earnings Q3 2022
Advanced Micro Devices shares rose as much as 6% in extended trading on Tuesday after the chipmaker indicated that it’s looking for the server chip business to grow in the…
Wynn Resorts, TuSimple, Newell Brands, First Solar and more
This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau. Eduardo Leal | AFP…
Wall Street’s favorite 100-year-old stocks to buy
Investors dumping tech stocks after their dismal earnings results this past week are going back to old economy names for the hottest stock picks. Disappointing quarterly reports from mega-cap tech…
The biggest tech stocks have lost $3 trillion in market cap over the last year
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC So here’s a good trivia question: Of the “FAANG” megacap tech stocks, which has lost the most market value over…
Big Tech falters on Q3 2022 results as Meta has worst week ever
Facebook CEO Mark Zuckerberg Marlene Awaad | Bloomberg | Getty Images Other than Apple, it was a brutal earnings week for Big Tech. Alphabet, Amazon, Meta and Microsoft combined lost…