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Opinion: Zuckerberg and Intel ship layoff proceeds directly to Wall Street

Opinion: Zuckerberg and Intel ship layoff proceeds directly to Wall Street

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For years, Wall Street has fretted about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies grow into cash-generating machines. That’s no longer a problem, even though those tech companies are making less money than they were in previous years. In fact, some tech companies are basically pushing on Wall Street …

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Asian stocks were mostly higher, but Hang Seng fell more than 2% as Alibaba faltered on reports of a headquarters shift

Asian stocks were mostly higher, but Hang Seng fell more than 2% as Alibaba faltered on reports of a headquarters shift

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BANGKOK (AP) – Stocks traded mixed in Asia on Monday after Wall Street closed higher on Friday, capping a third week of gains from the last four. Tokyo and Shanghai rose while Hong Kong, Seoul and Sydney fell. Taiwan’s benchmark index jumped 3.8%. Attention was turning to the Fed’s decision on Wednesday on interest rates. …

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Tech stocks are having their best January in decades — which is why that might not be a good sign

Tech stocks are having their best January in decades — which is why that might not be a good sign

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Technology stocks are on a tight tear to start 2023, but this could actually be an ominous sign. Nasdaq Composite Index COMP, +0.95% It is up 11% so far this month, on track for its best performance in January since it posted a 12.2% gain in 2001, according to market data from Dow Jones. But …

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“This has bothered me my whole life”: My estranged father gave me $1,000 a month to buy a house in California. My brother cried ugly and told me to stop. Who is right?

“This has bothered me my whole life”: My estranged father gave me $1,000 a month to buy a house in California. My brother cried ugly and told me to stop. Who is right?

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This has bothered me all my life. My father left my family when I was seven years old. I’m not sure how much child support he paid my mom. Shortly after I graduated from college, he visited me for the first time since leaving the family. He told me he wanted to send me money …

“This has bothered me my whole life”: My estranged father gave me $1,000 a month to buy a house in California. My brother cried ugly and told me to stop. Who is right? Read More »

Microsoft stock jumps with earnings difference and solid cloud results

Microsoft stock jumps with earnings difference and solid cloud results

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font size Microsoft is facing a slowdown in the growth of its cloud computing business. Gerard Julien/AFP via Getty Images Microsoft Shares jumped in late trading on Tuesday after the software company’s latest quarterly profit came in slightly better than expected. While the company saw weakness in its PC software business, Microsoft (stock ticker: MSFT) …

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