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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Cisco Systems Aug 14 (Reuters) - U.S. and Canadi an companies have continued to cut jobs in 2024 after letting go thousands last year, a s they remain uncertain about t he econom i c conditions . Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Cisco Systems CSCO.O will lay off 7% of its global workforce , as part of a restructuring plan, the networking giant said, about six months after announcin
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Berkshire invests in Ulta Beauty, Heico as it retreats from Apple

UPDATE 2-Berkshire invests in Ulta Beauty, Heico as it retreats from Apple Adds Heico comment, updated after-hours stock prices, paragraphs 3, 6-7 By Jonathan Stempel Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N acquired stakes in cosmetics store chain Ulta Beauty ULTA.O and aircraft parts maker Heico HEI.N during the second quarter, when it also nearly halved its huge stake in Apple AAPL.O .
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Paramount Global Aug 9 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime uni
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Trade Desk forecasts quarterly revenue above estimates on strong ad demand

Trade Desk forecasts quarterly revenue above estimates on strong ad demand Aug 8 (Reuters) - The Trade Desk TTD.O forecast third-quarter revenue above analysts' estimates on Thursday, signaling strong demand for automated ad-buying technologies from connected TV companies, sending the ad tech firm's shares up 5% in extended trading. The ad-buying platform offers advertisers access to a vast network of publishers and media partners across industries, allowing them to precisely target ad campaigns
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Intel layoffs Aug 2 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit ,
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Sirius XM Q2 EPS USD 0.08 Vs. IBES Estimate USD 0.08

BRIEF-Sirius XM Q2 EPS USD 0.08 Vs. IBES Estimate USD 0.08 Aug 01 (Reuters) - Sirius XM Q2 free cash flow USD 343 million. Q2 adjusted EBITDA USD 702 million vs. IBES estimate USD 673.2 million Q2 revenue USD 2,180 million vs. IBES estimate USD 2,195 million Q2 net income USD 316 million vs. IBES estimate USD 287.8 million
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Gilead Sciences Inc GILD.OQ +8.3% Advanced Micro Devices Inc AMD.OQ +5.2% Sirius XM Holdings Inc SIRI.OQ +3.6% Cognizant Technology Solutions Corp CTSH.OQ +3.5% Workday Inc WDAY.OQ +3.1% Bottom Performers Percent Change Qualcomm Inc QCOM.OQ -5.1% Micron Technology Inc MU.OQ -5.1% Microchip Technology Inc MCHP.OQ -4.5% ON Semiconductor Corp ON.OQ -4.2% Broadcom Inc AVGO.OQ -3.3% Th
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Wall Street retreats after rally as markets gauge hawkish Fed, cooling economy

US STOCKS-Wall Street retreats after rally as markets gauge hawkish Fed, cooling economy For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Adobe up after lifting full-year revenue forecast Arm shares gain as stock to join Nasdaq 100 index US consumer sentiment ebbs in June; inflation worries linger For the week: Dow set to fall, S&P and Nasdaq to rise Indexes down: Dow 0.33%, S&P 0.30%, Nasdaq 0.17% Updated at 12:03 p.m.
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Wall Street slips after rally, markets eye cautious Fed

US STOCKS-Wall Street slips after rally, markets eye cautious Fed For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Adobe up after lifting full-year revenue forecast Arm shares gain as stock to join Nasdaq 100 index US consumer sentiment ebbs in June; inflation worries linger Dow set to fall on the week Indexes off: Dow 0.77%, S&P 0.42%, Nasdaq 0.10% Updated at 10:06 a.m.
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Wall Street set for lower open as markets eye cautious Fed

US STOCKS-Wall Street set for lower open as markets eye cautious Fed For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. June consumer sentiment survey due at 10 a.m. ET Adobe up after lifting full-year revenue forecast Arm shares up as stock to join Nasdaq 100 index Dow set to fall on the week Futures lower: Dow 0.67%, S&P 0.40%, Nasdaq 0.19% Updated at 8:24 a.m.
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Wall Street futures pause as markets eye cautious Fed

US STOCKS-Wall Street futures pause as markets eye cautious Fed For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. June consumer sentiment survey due at 10 a.m. ET Adobe up after lifting full-year revenue forecast Arm shares up as stock to join Nasdaq 100 index Futures down: Dow 0.85%, S&P 0.59%, Nasdaq 0.34% Updated at 7:11 a.m.
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listed shares of Arm gain ahead of joining Nasdaq 100

BUZZ-US-listed shares of Arm gain ahead of joining Nasdaq 100 ** U.S.-listed shares of British chip designer Arm Holdings ARM.O O9Ty.F up 0.6% at $158.99 premarket ** Stock is hovering below record high of $164 hit on Feb. 12 ** Exchange operator Nasdaq NDAQ.O says Arm will become a component of the Nasdaq 100 .NDX and other indexes prior to market
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Wall Street futures pull back as markets eye cautious Fed

US STOCKS-Wall Street futures pull back as markets eye cautious Fed For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures lower: Dow 0.62%, S&P 0.33%, Nasdaq 0.05% June 14 (Reuters) - U.S. stock index futures retreated on Friday, with the S&P 500 and the Nasdaq pulling back after consecutive record highs as investors weighed hawkish Federal Reserve projections against the backdrop of a cooling economy.
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Updates headline, recasts first paragraph June 12 (Reuters) - Companies in the U.S. and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly.
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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds FedEx layoffs June 12 (Reuters) - Companies in the United States and Canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit , 5% at audi
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Moderna Inc MRNA.OQ +9.4% Analog Devices Inc ADI.OQ +8.6% ON Semiconductor Corp ON.OQ +4.0% Electronic Arts Inc EA.OQ +3.9% Microchip Technology Inc MCHP.OQ +3.5% Bottom Performers Percent Change Lululemon Athletica Inc LULU.OQ -6.1% Tesla Inc TSLA.OQ -3.3% Baker Hughes Co BKR.OQ -3.0% Sirius XM Holdings Inc SIRI.OQ -2.8% PayPal Holdings Inc PYPL.OQ -2.5% The Nasdaq 100 .NDX gaine
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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds Disney, Spirit AeroSystems, Kenvue, L3Harris and Lucid; Updates Nike May 24 (Reuters) - Companies in the United States and Canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly.
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Berkshire reveals $6.72 billion Chubb stake, insurer's shares rise

UPDATE 1-Berkshire reveals $6.72 billion Chubb stake, insurer's shares rise Adds analyst comment, Chubb share price, background By Jonathan Stempel May 15 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb CB.N , confirming months of speculation that it had made a big new investment.
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US, Canadian companies kick off 2024 with layoffs

FACTBOX-US, Canadian companies kick off 2024 with layoffs Adds Walmart May 15 (Reuters) - Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs. While hopes of a soft landing have grown in recent months, companies continue to be cautious as the outlook on rate cuts by the Federal Reserve remains uncertain.
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