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PayPal to lay off 7% of employees as part of cost-cutting push
PayPal Holdings Inc. plans to lay off about 7% of its staff as it continues with broader efforts to reduce…
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AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following ‘strong’ 2022
Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s data-center sales gained and executives…
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Could Big Tech layoffs keep growing? Apple, Amazon, Facebook and Google may give hints in biggest week of earnings.
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that…
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FDA panel backs plan for annual COVID-19 booster, as new omicron subvariant continues to dominate in new cases
A Food and Drug Administration advisory panel voted unanimously Thursday for Americans to get a once-a-year booster against COVID-19, with…
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Intel stock drops nearly 10% after earnings miss, execs predict quarterly loss as data-center market shrinks
Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss…
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U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in stride
U.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in…
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Earnings Watch: Microsoft, Tesla and Intel are about to face the doubters
After one of the worst years in Wall Street’s history, investors have some serious questions for companies. As holiday returns…
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China slams Western media for criticism of zero-COVID, as U.S. cases continue to decline
China has accused “some Western media” of bias and political manipulation in covering China’s abrupt dropping of COVID restrictions, which…
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WHO calls on China to release more information on its COVID case surge to learn more about which variants are circulating
The World Health Organization has called on China to release more information about its current wave of COVID infections after…
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Tesla is a ‘soft landing’ stock, says Goldman Sachs. Here are its picks for a gentle economic landing and stocks for a recession.
Pour one out for the beleaguered economists, who for once got an important indicator, the consumer price index, right on…
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