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Google said it planned to lay off more employees this year but at a smaller scale than in 2023, when it cut more than 12,000 workers as part of large trims across the tech industry. Chief Executive Sundar Pichai told employees in a Jan. 17 memo the company would have to make tough choices as it funded investments in areas like artificial intelligence. The labor market flashed some warning signs at the end of last year...
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Apple has several things that should drive their revenues and earnings higher than the cautious estimates. Learn more about AAPL stock here...
Continue ReadingTaiwan Semiconductor Manufacturing Company (TSM) — or TSMC — shares are rising at the market open after it reported that its revenue will be increasing up to 20% year-over-year. Regional banks are continuing to decline as banks' net interest income drops. Discover Financial Services (DFS) is a standout as the company's net interest income is down 62% year-over-year. Compliance issues and shake-ups in the C-suite continue to weigh heavily on the company. Yahoo Finance Reporter Madison Mills reports live from the New York Stock Exchange to break down the latest developments for these companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
Continue Reading(Bloomberg) -- Apple Inc. shares have struggled with the perception that its growth heyday is in the past. Its virtual reality headset — the tech giant’s biggest innovation in years — is unlikely to play a major role in changing that view anytime soon.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownApple to Sell Watches Without Oxygen Feature After Legal SetbackPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmSingapore Minister Quits After Biggest...
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In a memo, Alphabet (GOOG, GOOGL) CEO Sundar Pichai warned employees of additional job cuts to come in 2024, after laying off over 100 workers at YouTube. Not entirely exclusive to Big Tech, companies like Amazon (AMZN) and BlackRock (BLK) have also expanded plans for layoffs. Yahoo Finance Live anchors Seana Smith and Brad Smith explore the Google parent company's outlook while handling plans for future layoffs. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...
Continue ReadingAlphabet (GOOGL) is set to enhance Google Chrome capabilities with "Listen to this page" option on the Chrome app for Android, boosting the Google Services segment...
Continue ReadingApple upgraded, Palo Alto initiated: Wall Street's top analyst calls...
Continue ReadingThe fourth quarter saw very strong absolute and relative performance in the fund. Read more to see the full fund letter...
Continue ReadingTesla is set to kick off the Magnificent Seven’s reporting season on 24 January. Here's what to expect...
Continue ReadingAlphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has recently initiated another round of layoffs, impacting 100 employees at YouTube. The downsizing follows a previous reduction last week, where the company laid off over 1,000 workers across various divisions, including engineering, services, and the Google Assistant team. A Google spokesperson explained that these layoffs are a strategic effort to concentrate on the company’s main goals and future opportunities, aiming to streamline efficienc...
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