An uncertain macro environment puts these technology companies at risk, Morgan Stanley says.
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Morgan Stanley downgrades HP, Dell as uncertainty looms for PC industry
Technology
HP Inc shares fall on layoffs, weak guidance due to U.S. trade regulations
Enrique Lores, President and Chief Executive Officer of HP Inc. speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | Reuters PC and printer maker HP Inc. said Tuesday that it will lower its headcount by 4,000 to 6,000 people. The company also issued a lower-than-expected earnings projection for the new fiscal […]
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Technology
What Dick’s Sporting Goods’ earnings report tells us about Nike’s turnaround
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were mixed on Tuesday, with the S & P 500 and Dow Jones Industrial Average up and the Nasdaq Composite down slightly, with Big Tech names under pressure. […]
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Technology
Musk’s xAI to close $15 billion funding round in December: sources
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with the matter told CNBC’s David Faber. The deadline for allocation is the […]
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