Google continues to “slim down”: cloud business revealed widespread layoffs
Google is further “slimming down” and cutting costs. The latest impact of the layoffs is on the cloud business team. On Friday, May 31, EST, the media quoted an internal document saying that employees of several Google Cloud teams received layoff notices. According to the media, although the total number of layoffs is unknown, some employees estimate that about 100 people have been laid off in Google Cloud's “Go To Market” (Go To Market) department in the Asia Pacific region. Cloud teams focused on consulting, partner engineering, and sustainability have also been affected by layoffs, as the aforementioned documents show. The document also shows that some recently hired employees have also been fired, including at least one who has yet to complete their employment
'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped in
Google Cloud Unit Said to Lay off Employees This Week: Report
Market Clubhouse Morning Memo - May 31st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates thes
Salesforce Still Confident About Becoming An AI Era Winner Despite Disappointing Quarter
On Wednesday, Salesforce Inc (NYSE:CRM) posted its first quarterly revenue miss since 2006, along with providing a softer-than-expected guidance. Despite the miss, many analysts are optimistic that th
Party Like It's 1999: '90s Fashion Is Making A Comeback — These Stocks Are Benefiting
Time to break out the windbreakers and baggy jeans; '90s fashion is coming back.Rising interest in 1990s and early 2000s fashion on social media apps like Instagram and TikTok have helped fuel the com