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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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Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Updates with Light Street, Maverick By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded more recent turmoil in U.S.
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Third Point Dissolves Share Stake In Goldman Sachs, Cuts In Meta,& Microsoft

BRIEF-Third Point Dissolves Share Stake In Goldman Sachs, Cuts In Meta,& Microsoft Aug 14 (Reuters) - THIRD POINT: THIRD POINT CUTS SHARE STAKE IN META PLATFORMS BY 11% TO 1.1 MILLION CLASS A SHARES - SEC FILING THIRD POINT DISSOLVES SHARE STAKE IN GOLDMAN SACHS GROUP INC - SEC FILING THIRD POINT CUTS SHARE STAKE IN ALPHABET INC BY 34% TO 1.98 MILL
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S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs

US STOCKS-S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs S&P 500, Nasdaq extend win streaks to five U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up VIX records fastest ever drop from high-fear range Indexes up: Dow 0.61%, S&P 500 0.38%, Nasdaq 0.03% Adds closing prices By David French Aug 14 (Reuters) - The S&P 500 ended higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassure
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S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq

US STOCKS-S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Updates to close By David French Aug 14 (Reuters) - T he S&P 500 closed higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassured investors betting the Federal Reserve would start cutting U.S.
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Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Updates with more funds By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact

US STOCKS-Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Indexes: Dow up 0.64%, S&P 500 up 0.22%, Nasdaq down 0.24% Updated to 2:00 p.m. ET/1800 GMT By Shashwat Chauhan and David French Aug 14 (Reuters) - Wall Street's main indexes o ffered a mixed bag on Wednesday, as Alphabet and some megacap tech stocks traded lower but the l
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Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Adds Rokos Capital Management position NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Tech stocks in focus as investors eye latest filings from funds

CORRECTED-FACTBOX-Tech stocks in focus as investors eye latest filings from funds Corrects July to June in paragraph 5 NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Breaking up Google an option being considered by US, Bloomberg News reports

UPDATE 1-Breaking up Google an option being considered by US, Bloomberg News reports Updates Aug. 13 story with Justice Department comment in paragraphs 3-4, Wednesday's share trading in paragraph 2 Aug 14 (Reuters) - The U.S. Department of Justice is considering options that include breaking up Alphabet's GOOGL.O Google, a week after a judge ruled the tech giant illegally monopolized the online search market, according to Bloomberg News.
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Breaking up Google an option being considered by US, Bloomberg News reports

UPDATE 1-Breaking up Google an option being considered by US, Bloomberg News reports Updates Aug. 13 story with Justice Department comment in paragraphs 3-4, Wednesday's share trading in paragraph 2 Aug 14 (Reuters) - The U.S. Department of Justice is considering options that include breaking up Alphabet's GOOGL.O Google, a week after a judge ruled the tech giant illegally monopolized the online search market, according to Bloomberg News.
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Decentralized AI network Sahara raises fresh capital in Samsung-backed round

CORRECTED (OFFICIAL)-Decentralized AI network Sahara raises fresh capital in Samsung NEXT-backed round Corrects to say 'Samsung NEXT', not 'Samsung', in headline and paragraph 2 after company clarifies By Manya Saini Aug 14 (Reuters) - Sahara AI, a startup integrating the blockchain and artificial intelligence, said on Wednesday it raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and Polychain Capital.
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Norway's wealth fund flags sovereign debt risk to stock markets

UPDATE 4-Norway's wealth fund flags sovereign debt risk to stock markets Countries are not doing enough to lower debt, fund CEO says Fund returns 8.6% in the first half of year Says result driven by 'fragile' technology stocks Recasts with interview with CEO, deputy CEO, in paragraphs 1, 4-10, 18 By Gwladys Fouche ARENDAL, Norway, Aug 14 (Reuters) - Countries around the world are not doing enough to reduce their debts and this poses a risk to the stability of already uncertain financial markets,
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FBI told Harris campaign it was target of 'foreign actor influence operation,' official says

UPDATE 1-FBI told Harris campaign it was target of 'foreign actor influence operation,' official says Changes sourcing and adds background WASHINGTON, Aug 13 (Reuters) - Vice President Kamala Harris' presidential campaign said it was notified by the FBI last month that it was "targeted by a foreign actor influence operation," a c ampaign official said on Tuesday.
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Breaking up Google an option being considered by US, Bloomberg News reports

Breaking up Google an option being considered by US, Bloomberg News reports Aug 13 (Reuters) - The U.S. Department of Justice is considering options that include breaking up Alphabet's GOOGL.O Google, a week after a judge ruled the tech giant illegally monopolized the online search market, Bloomberg News reported on Tuesday. Shares of the California-based company were down 1.4% in extended trading.
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World Bank prices $225 million bond linked to Amazon reforestation

World Bank prices $225 million bond linked to Amazon reforestation NEW YORK, Aug 13 (Reuters) - The World Bank issued a $225 million, principal-protected nine-year bond linked to reforestation in the Amazon, the global lender said on Tuesday, calling it the biggest outcome bond it has ever priced. The 2033 bond offers investors a return linked to the creation of carbon removal units from reforestation initiatives in Brazil's Amazon rainforest, said the bank.
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Google launches enhanced Pixel phones in bid to leverage AI tech

UPDATE 3- Google launches enhanced Pixel phones in bid to leverage AI tech Adds analyst comments, background, paragraphs 2-6, 12 and 15 Pixel 9 starts at $799, which is $100 more than previous model New AI features include screenshot search, Gemini chatbot overlay Announcement comes two months ahead of Google's typical schedule By Kenrick Cai, Max A.
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Google unveils new phones and other gadgets powered by AI

Google unveils new phones and other gadgets powered by AI Pixel 9 starts at $799, which is $100 more than previous model New AI features include screenshot search, Gemini chatbot overlay Announcement comes two months ahead of Google's typical schedule By Kenrick Cai MOUNTAIN VIEW, California, Aug 13 - Alphabet’s GOOGL.O Google on Tuesday unveiled a lineup of new Pixel smartphones with deeper integrations of its artificial intelligence technology as it races to incorporate AI into its hardware.
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CrowdStrike has limited liability in potential lawsuit after IT outage, Morgan Stanley says

BUZZ-CrowdStrike has limited liability in potential lawsuit after IT outage, Morgan Stanley says ** Shares of cybersecurity firm CrowdStrike CRWD.O up 2.6% at $245.55 ** Brokerage Morgan Stanley says its conversations with legal experts suggest limited liability for CRWD in a potential lawsuit after global IT outage ** CRWD's contracts tend to cove
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AI PCs made up 14% of quarterly personal computer shipments, Canalys says

AI PCs made up 14% of quarterly personal computer shipments, Canalys says Aug 13 (Reuters) - AI PCs accounted for 14% of all personal computers shipped in the second quarter with Apple AAPL.O leading the way, research firm Canalys said on Tuesday, as added artificial intelligence capabilities help reinvigorate demand. WHY IT'S IMPORTANT PC providers and chipmakers have pinned high hopes on devices that can perform AI tasks directly on the system, bypassing the cloud, as the industry slowly emerg
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