Microsoft Corp.

Here’s what else besides Disney that hedge fund Third Point loaded up on recently

Business / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Activist investor Daniel Loeb’s Third Point LLC has bought new stakes in T-Mobile US Inc. and Colgate Palmolive Co. , and sold off holdings on EV maker Rivian Automotive Inc. and Amazon.com Inc., among other investment decisions, according to a filing late Monday. Third Point earlier Monday disclosed a fresh stake on Walt Disney Co., …

Here’s what else besides Disney that hedge fund Third Point loaded up on recently Read More »

Apple and Meta headsets could face a big challenge: Sticker shock

Technology / , , , , , , , , ,

Apple and Facebook parent Meta are expected to release mixed reality headsets in the coming year that could finally fulfill the industry’s promise to turn head-worn devices into the next big shift in personal computing. But there’s one major potential snag: sticker shock. The best-selling virtual reality headset, the Meta Quest 2, retails for $400 …

Apple and Meta headsets could face a big challenge: Sticker shock Read More »

Never before have two CEOs had so much sway over the entire stock market

Business / , , , , , , , , ,

Together, the CEOs of Apple and Microsoft oversee a whopping 13.41% of the S & P 500’s market capitalization. That is a record amount of influence and the most since August, 2020, when the two stocks had a market cap totaling 13.17% of the S & P 500, according to Strategas technical analyst Todd Sohn. …

Never before have two CEOs had so much sway over the entire stock market Read More »

Apple reportedly lays off contract recruiters

Business / , , , , , , , , ,

Apple CEO Tim Cook walks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple has laid off about 100 contract-based recruiters in the past week in an effort to slow hiring and spending, according to Bloomberg. The recruiters, who are responsible for hiring new employees at …

Apple reportedly lays off contract recruiters Read More »

Charts suggest investors should buy these 3 stocks into weakness, Jim Cramer says

Business / , , , , , , , ,

CNBC’s Jim Cramer on Monday advised investors to buy shares of Apple, Tesla and Microsoft if they decline. “The charts, as interpreted by Carolyn Boroden, suggest that Apple, Tesla and Microsoft might flatline for a bit here, or even pull back slightly as they brush up against resistance levels, but she recommends buying them into …

Charts suggest investors should buy these 3 stocks into weakness, Jim Cramer says Read More »

Credit Suisse names its top stock picks for the rest of 2022

Business / , , , , , , , , , ,

Analysts at Credit Suisse have named their top stock picks for investors looking to navigate the continued uncertainty in the market. Investors grappled with a steep sell-off to start the year — one that drove the S & P 500 into a bear market. At the same time, the Federal Reserve has been forced to …

Credit Suisse names its top stock picks for the rest of 2022 Read More »

Inflation is peaking, and that is ‘nirvana’ for stocks, Jim Cramer says

Business / , , , , , , , ,

CNBC’s Jim Cramer on Wednesday said that inflation is peaking, which is good news for stocks that have been trampled in recent months. “The stock market … totally saw peak inflation coming. I think you had to be deliberately obtuse to miss this because commodity prices have been collapsing a while ago, but now it’s …

Inflation is peaking, and that is ‘nirvana’ for stocks, Jim Cramer says Read More »

Microsoft Xbox, Sony PlayStation, Nintendo: Video game earnings round-up

Technology / , , , , , , , , , , , , , , , , , , ,

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The giants of the video game world saw their sales slide in the second quarter, as initial tailwinds from the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted …

Microsoft Xbox, Sony PlayStation, Nintendo: Video game earnings round-up Read More »

9 busy people share best hacks for making the most of vacation time

Business / , , , , , , , , , , , , , ,

Americans are notorious for not taking a break. The average US worker took less than 12 days of vacation in 2021 — six fewer than the global average — according to Expedia’s latest Vacation Deprivation study of 14,500 working adults across 16 countries. Yet an overwhelming majority of workers say taking vacations makes them feel …

9 busy people share best hacks for making the most of vacation time Read More »

Morgan Stanley on market bottom and tech stocks, Nasdaq

Business / , , , , , , , , , , , , , , ,

Stocks have broadly rallied in July, with the Nasdaq bouncing off earlier declines. And Wall Street is debating if markets have hit the bottom yet. Growth stocks such as tech have broadly slumped this year on the back of monetary tightening, recession and other risks. And Morgan Stanley in a Aug. 3 report warned that …

Morgan Stanley on market bottom and tech stocks, Nasdaq Read More »