The technology sector’s grip on the top spots in the annual Management Top 250 ranking slipped this year. Microsoft Corp. held its ground, ranking No. 1 in this measure of the best-run companies in the U.S. for the third straight year. But unlike last year, when tech companies took the first five spots in the … Read more
Companies such as Alphabet Inc.’s Google, Delta Air Lines Inc. and International Business Machines Corp. have reduced educational requirements for certain positions and shifted hiring to focus more on skills and experience. Maryland this year cut college-degree requirements for many state jobs—leading to a surge in hiring—and incoming Pennsylvania Gov. Josh Shapiro campaigned on a … Read more
Giving your child a phone for the first time is a decision not to be rushed. The timing matters, and so does the type of device. Do you dust off your old iPhone or Samsung, or do you buy one of the new kid-centric phones with built-in monitoring? I’ll walk you through everything you need … Read more
Amazon. com Inc., Apple Inc. and Meta Platforms Inc. are among the tech heavyweights featured in a packed week of earnings that investors will probe for indicators about the broader economy. Other tech companies scheduled to report their latest quarterly reports include Google parent company Alphabet Inc. and Microsoft Corp. Investors also will hear from … Read more
Alphabet Inc.’s GOOG 0.94% Google is in talks to invest at least $200 million into artificial intelligence startup Cohere Inc., according to people familiar with the matter, another sign of the escalating arms race among large technology companies in the sector. Founded in 2019, Cohere creates natural language processing software that developers can then use … Read more
U.S. stocks looked set to open lower on Thursday as investors warily eyed Treasury yields climbing to fresh 14-year highs, while falling Tesla Inc. shares weighed on the Nasdaq ahead of the open. How are stock-index futures trading S&P 500 futures ES00, +0.11% were down 4.3 points, or 0.1%, at 3,703. Dow Jones Industrial Average … Read more
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary policy to quell inflation. Ken Laudan, a portfolio manager at Kornitzer Capital Management in Mission, Kan., isn’t buying it. He expects an “earnings … Read more
Shares of Verizon Communications Inc. VZ, -2.62% slipped 2.62% to $36.85 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -2.80% falling 2.80% to 3,639.66 and Dow Jones Industrial Average DJIA, -2.11% falling 2.11% to 29,296.79. This was the stock’s third consecutive day … Read more
The U.S. stock market’s latest leg down is spreading the pain for investors. Data from research firm Bespoke Investment Group shows just how broad-based and deep the 2022 selloff has been so far. A 24% year-to-date drop for the broad Russell 3000 RUA, -0.11%, which aims to track the 3,000 largest U.S. traded stocks, wiped … Read more
Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation … Read more