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US Startups And Tech Companies With Job Cuts In 2022 and 2023.
The US tech sector layoffs continue. Tech giants Spotify and IBM were just a few of the companies that announced sweeping layoffs this week. More than 58,000 workers in US-based tech companies have been laid off in mass job cuts so far in 2023, according to a Crunchbase News tally, and the year is just…
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Axcelis Technologies, Inc. (NASDAQ:ACLS) Short Interest Down 13.5% in January
Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Rating) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,150,000 shares, a decrease of 13.5% from the December 31st total of 1,330,000 shares. Based on an average trading volume of 400,200 shares, the…
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Microsoft forecast suggests the gloomy tech environment will continue
Microsoft CEO Satya Nadella leaves the Elysee Palace after a meeting with the French President Emmanuel Macron in Paris on May 23, 2018. Aurelien Morrisard | IP3 | Getty Images Microsoft executives on Tuesday told analysts to expect a continuation of the weak pace of business that emerged in December, which hurt the software maker’s…
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Intel (INTC) earnings Q4 2022
Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel shares slid by as much as 9% in extended trading on…
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Shoals Technologies Group (NASDAQ:SHLS) Coverage Initiated at Cantor Fitzgerald
Analysts at Cantor Fitzgerald began coverage on shares of Shoals Technologies Group (NASDAQ:SHLS – Get Rating) in a research report issued to clients and investors on Wednesday, MarketBeat reports. The firm sets a “neutral” rating and a $30.00 price target on the stock. Cantor Fitzgerald’s price target indicates a potential upside of 12.28% from the…
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Surveillance concerns as India issues new digital IDs in Kashmir | TechnologyNews
University student Mehak is used to frequent identification checks by security forces and officials in Indian-administered Kashmir’s main city of Srinagar and always carries two forms of ID. Soon, she may need to carry yet another in her purse. Plans for a new family ID in the disputed Himalayan region have caused confusion and irritation…
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Short Interest in Agilent Technologies, Inc. (NYSE:A) Grows By 5.5%
Agilent Technologies, Inc. (NYSE:A – Get Rating) was the target of a large growth in short interest in the month of December. As of December 30th, there was short interest totaling 3,270,000 shares, a growth of 5.5% from the December 15th total of 3,100,000 shares. Currently, 1.1% of the company’s shares are short sold. Based…
Read More/cdn.vox-cdn.com/uploads/chorus_asset/file/23619610/Lightyear_0___The_global_premiere_of_the_world_s_first_solar_car___June_9_2022___01_4K.jpg "Top tech news for Tuesday, January 24, 2023")
Top tech news for Tuesday, January 24, 2023
Three months ago, electric vehicle company Lightyear said that it had started production of its €250,000 (around $270,000) Lightyear 0, which boasted an expansive array of solar panels capable of adding up to 44 miles of range to the car. Well, the company has now announced that it’s halting production of the 0 in order…
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AAC Technologies Holdings Inc. (OTCMKTS:AACAY) Short Interest Update
AAC Technologies Holdings Inc. (OTCMKTS:AACAY – Get Rating) was the recipient of a significant decrease in short interest in December. As of December 30th, there was short interest totaling 256,200 shares, a decrease of 5.8% from the December 15th total of 272,000 shares. Based on an average daily volume of 54,900 shares, the short-interest ratio…
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Riddle solved: Why was Roman concrete so durable? | MIT News
The ancient Romans were masters of engineering, constructing vast networks of roads, aqueducts, ports, and massive buildings, whose remains have survived for two millennia. Many of these structures were built with concrete: Rome’s famed Pantheon, which has the world’s largest unreinforced concrete dome and was dedicated in AD 128, is still intact, and some ancient…
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