FedEx Is Laying Off More Than 10% of Its Management Ranks
Updated Feb. 1, 2023 12:23 pm ETFedEx Corp. is laying off more than 10% of its global management staffers as the delivery company faces a shipping slowdown.In...
This Artificial Intelligence (AI) Company Has Returned Nearly 5,830% in Just Five Years and...
Perhaps the biggest business powering the markets right now is artificial intelligence (AI). It seems that every software developer is eager to cash in on AI euphoria,...
‘Down But Not Out’: UBS Suggests Buying the Dip in These 2 Buy-Rated Stocks
The stock market continues to thrive this year, with the S&P 500 up almost 13% and the NASDAQ flying high with a 16% surge. Just like last...
‘Warren Crushed Apple’ Says Jim Cramer As Buffett Cuts Stake In Tech Giant By...
Berkshire Hathaway‘s (NYSE:BRK) (NYSE:BRK) 10-Q report for the second quarter showed the Warren Buffett-led firm significantly reducing its stake in tech giant Apple, Inc. (NASDAQ:AAPL).What Happened: Berkshire...
‘The world should be worried’: Saudi Aramco — the world’s largest oil producer —...
The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that...
AMC’s Revised Stock Conversion Plan Is Approved by Court
(Bloomberg) -- AMC Entertainment Holdings Inc. won court approval of a stock conversion plan that had spurred a shareholder lawsuit and cast a cloud over the movie...
Ask an Advisor: My Kids Inherited $5 Million. How Should They Handle It?
My children have inherited $5 million of stock from their father (whose estate has not yet been dispersed after 11 months) leaving them with a 30% or...
JPMorgan names Amazon, Google as ‘top picks’ for 2024 stocks
This year was all about the megacap stocks — led by the “Magnificent Seven” — which dominated market action as hype surrounding artificial intelligence and concerns over...
Tax-loss selling, ‘Santa rally’ could sway U.S. stocks after November melt-up
By David RandallNEW YORK(Reuters) - As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities...
A $5.5 trillion savings wipeout is raising risks for the US economy
US personal savings have collapsed by $5.5 trillion since April 2020, spelling trouble for the economy.Historically high inflation has been the key reason for the decline in...
