Meta Platforms (META) Looks to Reduce Costs By At Least 10% Via Reorganization - WSJ
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Alphabet (GOOGL) CEO Says Employees 'Shouldn't Always Equate Fun with Money' - CNBC
September 23, 2022 10:46 AM EDTAccording to a report by CNBC Friday, the CEO Sundar Pichai of Google parent company Alphabet (NASDAQ: GOOGL) faced questions from employees at an all-hands meeting regarding cuts to travel, entertainment budgets, managing productivity, and potential layoffs.
CNBC said audio they... More
Lumen Technologies (LUMN) invests in new net subsea route between New York and Bude
September 21, 2022 7:46 AM EDTOne year after Lumen Technologies (NYSE: LUMN) established a new subsea fiber route... More
Alphabet (GOOGL) acquires Israeli-startup Breezometer - Calcalist
September 21, 2022 6:29 AM EDTAlphabet (NASDAQ: GOOGL) acquires Israeli-startup Breezometer - Calcalist
... MoreAlphabet (GOOGL) option implied volatility into making a new 52-week low
September 21, 2022 4:16 AM EDTAlphabet (NASDAQ: GOOGL) 30-day option implied volatility is at 37; compared to its 52-week range of 20 to 49 into making a new 52-week low.
... MoreTech stocks seeing nice bounce, Nasdaq now down only 20 points
September 20, 2022 12:00 PM EDTTech stocks seeing nice bounce, Nasdaq now down only 20 points
Apple (NASDAQ: AAPL)Amazon (NASDAQ: AMZN)Alphabet (NASDAQ: GOOGL)Meta Platforms (NASDAQ: META)Microsoft (NASDAQ: MSFT)Netflix (NASDAQ: NFLX)... More
S&P 500 Buybacks Plunge 21.8% in Q2 as Financials Pull Back Sharply
September 20, 2022 10:24 AM EDTStock buybacks for S&P 500 companies were $219.6 billion in the second quarter, down 21.8% from the first quarter's record of $281.0 billion, according to S&P Dow Jones Indices.
Notably, financials significantly cut back on buybacks, decreasing their expenditures 61.2% to $21.2 billion. Also, Health Care buybacks decreased 58.2% in the quarter.
Buybacks remained... More
