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Microsoft gave Wall Street hope, but then the cloud forecast turned dark
Microsoft Corp. sparked a relief rally for the cloud Tuesday, then rained on that parade after less than two hours…
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Workday gets downgraded to hold as analyst expects cycle to favor lagging software names
Workday Inc.’s stock got downgraded by Deutsche Bank Monday on the belief that it has benefitted from recent tailwinds and…
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Spotify reportedly planning layoffs as soon as this week
After slowing its pace of hiring last year, Spotify Technology SA is planning layoffs as soon as this week, according…
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Salesforce carries heavy ‘disruption risk’ that threatens its stock, analyst says
Salesforce Inc. is shaking up its leadership and its broader organization, and those changes carry uncertainty for its stock, according…
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Microsoft hosted Sting concert in Davos before announcing layoffs
On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s…
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SmileDirectClub stock rallies on cost cuts, workforce ‘realignment’
Shares of SmileDirectClub Inc. rallied after hours on Tuesday after the oral-care company said it planned a round of cost…
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