Dell Technologies Inc

6,650 workers cut, or 5% of its workforce

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Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Dell on Monday announced plans to lay off 5% of its workforce, or about 6,650 employees, according to an SEC filing.  The cuts at Dell come as … Read more

Cramer’s week ahead: Markets will do ‘much better’ during the next four weeks

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Stocks rose on Friday but ended the turbulent week down.

Nasdaq records first seven week losing streak since 2002

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Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest losing streak for the tech-heavy index in 21 years. Inflation, rising interest rates, the war in Ukraine and pandemic lockdowns in China are adding … Read more

Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory

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Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022. Andrew Kelly | Reuters If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market pros are watching for more signs … Read more