Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance talent,” a Microsoft spokesperson said…
Disney says about 157 million global users are streaming content with ads
Disney said Wednesday it has an estimated 157 million global monthly active users watching ad-supported content across its streaming platforms — Disney+, Hulu and ESPN+. That number includes 112 million users…
Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S. Maritime Alliance, which represents 14 major ports from Boston to Miami and…
The market sometimes struggles to find direction, as it digests mixed yet impactful economic data. Wednesday was one of those days. With US 10-Year Treasury yields rising and FOMC minutes…
Tech companies big and small are offering bold visions of artificial intelligence-infused products that could be headed into our everyday lives soon. Unless tariffs trip them up. That’s the message…
Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on…
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. What does this rapid…
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. What does this rapid…
In this exclusive StockCharts video, Julius takes a look at what he recently called “The Best Five Sectors” on a relative rotation graph side-by-side with their price charts. He then…
Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually,…