Bust

Futures: expected key inflation report;  6 stocks to buy and watch

Stock market falls on China turmoil, real estate bust, reports of Apple production cuts

The stock market fell on Monday after protests sent Chinese stocks tumbling and investors pondered the next round of interest rate hikes. Oil and real estate stocks were the main victims of the declines. Apple (AAPL) lost ground after a report that iPhone production could be below estimates. X The Nasdaq composite fell 1.2% and …

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US chipmakers go from brutal boom to bust

US chipmakers go from brutal boom to bust

© FT editing/Dreamstime/Unsplash If Wall Street had any doubts about the speed at which the chip industry boom unraveled, surprisingly gloomy financial forecasts from companies like mobile chipmaker Qualcomm should have calmed them. “It’s kind of an unprecedented change in a short period of time,” Akash Palkhiwala, the company’s chief financial officer, told analysts this …

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Throwback Thursday: Remembering Big Tech's Last Bloodbath Firing, the Dot-Com Bust of 2000-2001

Throwback Thursday: Remembering Big Tech’s Last Bloodbath Firing, the Dot-Com Bust of 2000-2001

As hundreds, if not thousands, of tech layoffs once again become daily news this week, we look back at the dot-bomb implosion of 22 years ago, when the Bay Area became a graveyard. f*cked companies. In the first ten days of November, we saw hundreds of layoffs at Lyft and Stripe, thousands of layoffs at …

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