DELL staffing
Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday.
According to its data, the company's staff will ...
Chip centre
The Japanese government plans to allocate about $2.38 billion to establish a joint R&D centre with the US to develop next-generation 2-nanometer semiconductors. This was reported by the Nikkei newspaper.
The agreement on its establi...
Reporting week
This week looks to be a busy one for investors after a long weekend. This week will have plenty of big earnings and key housing market data.
Monday
On Monday, expect reports from: Bank of America, Charles Schwab, The Bank Of New Yor...
Vacancies in New York City
The new law requires most of the city's hiring companies to list expected salaries as of May 15.
New York City will require employers to include minimum and maximum salaries in job listings starting this spring, a require...
Stock indices on Tuesday
US stock indices will open lower, which could be another volatile session for investors after Monday's strong swings. Nasdaq Composite futures are down 2%, while S&P 500 and Dow Jones futures are down about 0.7%.
On Tue...
Schedule for the week
Shares of Tesla, Intel, Netflix, IBM and Johnson & Johnson could change this week, influenced by the release of Q3 earnings and revenue reports.
It will be a busy week in the US stock market a...
Oracle's report
Oracle (ORCL) shares fell 1.9 percent after the report as the company reported quarterly earnings below analysts' average expectations. Oracle continues to grow its cloud business by increasing inve...
The company's earnings
After Salesforce reported its most incredible quarter in the company's history, its shares rose. Also, the company safely completed a deal with Slack, at the same time that the app's revenues rose 39% for the quarter.
Salesfo...
New chip plants in Arizona
Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
Selling the division
IBM is in the early stages of talks to sell or spin off its unprofitable Watson Health division. This could help IBM streamline its business and speed up restructuring.
IBM (IBM) is considering selling or separating its Watson ...
U.S. stock indices
The US Treasury Secretary Janet Yellen, who called for additional stimulus measures, supported the shares of sectors, which are sensitive to the situation in the economy. Yellen spoke in support of the $1.9 trillion stimulus packa...
Partnerships between the companies
Palantir Technologies and IBM announced on Monday that as part of a partnership they will release Palantir for IBM Cloud Pak for Data software in March that will enable customers without technical skills to impleme...
IBM earnings
U.S. International Business Machines Corp. IBM (NYSE:IBM)) net income fell 2.7 times to $1.356 billion, or $1.51 per share, in the fourth quarter, compared with $3.67 billion, or $4...
A major acquisition in history
Salesforce has started thinking about buying Slack and the deal could take place next week, according to sources in the Wall Street Journal. If the deal takes place, Sl...
Two acquisitions in one week
This week IBM acquired the financial and analytical IT company TruQua, which will expand its services in migrating financial platforms to SAP, and Instana, which will strengthen IBM's positi...
Gap will reopen 800 stores this month, the retailer said Wednesday, as more states allow certain businesses to open their doors during the coronavirus pandemic.
The openings will include Old Navy, Gap (GPS), Banana Republic and A...
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