Equity markets continued their uneven climb upward this year with the tech-heavy Nasdaq and the S&P 500, which has a hefty technology component, jumping 1.8% and 1.1%, respectively, even as fourth quarter earnings continued to tilt negative and a rising number of firms announced layoffs in anticipation of an economic contraction. Since the start of the year, Amazon, Microsoft, Salesforce and more recently IBM have announced job cuts.
Trending
Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to...
Proof’s Grails III is the third iteration of its mystery NFT compilation series. In February 2022, Grails I dropped, with work from entrepreneur Gary...