Tag Archives: higher

Google ‘rater’ contract workers rally at Mountain View headquarters to demand higher pay

Google ‘rater’ contract workers rally at Mountain View headquarters to demand higher pay

MOUNTAIN VIEW — Dozens of Google workers from across the country rallied at Google headquarters Wednesday to demand higher wages and benefits from Google’s parent company Alphabet. With the backing of the Alphabet Workers Union, a group of Google contract workers known as “raters” made their voices heard on Google’s main campus calling for fair pay and benefits. “I support the largest revenue stream that Google has, and I don’t have healthcare from my employer, and I don’t have the… Source link

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Tech leads stocks higher as big earnings week begins

Tech leads stocks higher as big earnings week begins

U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve’s next rate move before officials meet later this month. The S&P 500 (^GSPC) advanced 1.2%, while the Dow Jones Industrial Average (^DJI) jumped about 250 points, or 0.8%. The technology-heavy Nasdaq Composite (^IXIC) again led the way higher, rallying 2%. The moves Monday come after the S&P 500 and Nasdaq rallied toward a winning week on Friday, regaining their… Source link

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Stocks inch higher as earnings season picks up, econ data rolls in

Stocks inch higher as earnings season picks up, econ data rolls in

U.S. stocks rose modestly at Wednesday’s open as investors continued to parse through more corporate financial updates for signs of the “earnings recession” many analysts have warned about. Investors also assessed the release of more economic data, as retail sales slumped more than expected and producer prices came in cooler than expected. The S&P 500 (^GSPC) edged 0.3% higher, while the Dow Jones Industrial Average (^DJI) added 55 points, or 0.2%. The technology-heavy Nasdaq Composite ( Source link

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Tesla higher as Goldman weighs in on ‘strategic implications’ of price cuts

Tesla higher as Goldman weighs in on ‘strategic implications’ of price cuts

Tesla (TSLA) dropped the bomb on the auto market with huge price cuts last week, and now Wall Street is catching up with post-game analysis, if you will. In a note called “Analyzing the impact of reduced Tesla vehicle prices,” Goldman Sachs analyst Mark Delaney takes a glass-half-empty, half-full approach. Delaney says the price cuts imply concern over reduced demand in the U.S. “While the reduced prices for Models 3 and Y helps the company to better address the roughly 20%-30% of… Source link

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Tesla owners in China protest price cuts as delivery times extend on higher demand

Tesla owners in China protest price cuts as delivery times extend on higher demand

Tesla (TSLA) shares are climbing higher today despite a mixed slew of news out of one of its most important markets, China. Reports over the weekend detail a number of protests at Tesla showrooms, as recent Tesla buyers complained about the automaker’s decision to cut prices on Friday. The price cut was the second decrease in the past three months, as Tesla tries to boost demand in the competitive Chinese market. Reuters reports Tesla also cut prices in Australia, Japan, and South… Source link

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US STOCKS-Nasdaq leads Wall St higher as interest rate worries ease

US STOCKS-Nasdaq leads Wall St higher as interest rate worries ease

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Amazon up as Jefferies sees easing costs * Alibaba climbs as Ant Group’s Jack Ma to cede control * Macy’s, Lululemon drop on holiday-quarter warnings * Indexes up: Dow 0.39%, S&P 0.85%, Nasdaq 1.52% (Adds details, updates prices throughout) By Ankika Biswas and Amruta Khandekar Jan 9 (Reuters) – The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon… Source link

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