Tag Archives: start

Staff Start Fighting Back As More Jobs Are Cut

Staff Start Fighting Back As More Jobs Are Cut

Angle down icon An icon in the shape of an angle pointing down. Google CEO Sundar Pichai. NurPhoto/ Getty Images; Tyler Lee/ BI Googlers are fighting back against the company after years of being treated like “family.” The search giant plans to cut more jobs in 2024 after cutting 12,000 last year. Staffers have taken aim at its “glassy-eyed leaders” and organized protests in response. In 2012, Larry Page stressed how important it was that Google acted like a “family.” The… Source link

Read More »

Tech shows it’s key to bringing market out of tough start to 2024

Tech shows it’s key to bringing market out of tough start to 2024

The key drivers of the late 2023 stock market rally have faded. With investors increasingly questioning when the Federal Reserve will cut interest rates, the so-called “soft landing” trade which saw investors pour into interest-rate sensitive sectors has stumbled to start 2024. That raises the question of what the next catalyst is — and investors may not need to look further than the tech sector (XLK). Despite the recent craze over small caps and other hot trades that could benefit from… Source link

Read More »

Boeing drags down Dow to start 4-day trading week

Boeing drags down Dow to start 4-day trading week

Small caps have been all the rage on Wall Street over the past two months. In fact, according to Bank of America’s latest fund managers survey, investors haven’t been this bullish on small caps in almost three years. The survey conducted from Jan. 5-11 revealed investors see large-cap companies underperforming small-cap companies in the next 12 months for the first time since June 2021. A chart from Bank of America shows sentiment around large caps outperforming small caps has deteriorated in… Source link

Read More »

US stocks fall at start four-day trading week

US stocks fall at start four-day trading week

US stocks retreated on Tuesday, with investors still focused on the path of interest rates after a lackluster start to earnings season that kicked off with big bank results. Dow Jones Industrial Average (^DJI) dropped 0.4%, while S&P 500 (^GSPC) shed 0.2%. The tech-heavy Nasdaq (^IXIC) was down 0.3% despite flipping into green territory several times during the session as semiconductors Nvidia (NVDA) and AMD (AMD) rose. Goldman Sachs (GS) shares were trading higher on Tuesday after the bank Source link

Read More »

Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

Dow edges up, Nasdaq slumps as stocks try to shake off dismal 2024 start

US stocks were mixed on Thursday, struggling to shake off a dismal start to the year after Federal Reserve policymakers left hopes for an early interest-rate cut hanging. In afternoon trading, the Dow Jones Industrial Average (^DJI) popped about 0.3%, while the benchmark S&P 500 (^GSPC) was roughly flat. After a Wednesday selloff, the Nasdaq Composite (^IXIC) pushed for gains at points in the session, but held 0.3% below the flatline. Investors looking for confirmation of bets on a March rate… Source link

Read More »