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Microsoft CFO Says Few Will Take New Voluntary Exit Offer

By Norman Pearlstine

Microsoft CFO Amy Hood expects no more than 3,000 employees to accept the latest voluntary exit buyout, citing strong growth opportunities as the reason for low uptake.

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U.S. Residential Cruise Ship Halts World Voyage in Cambodia Over Fuel Costs

By Mitchell Landsberg

The MV Odyssey, marketed as a floating home, suspended its three‑year global cruise in Sihanoukville, Cambodia after fuel costs spiked, leaving 203 passengers and 156 crew stranded.

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Microsoft reports $36.6 bn profit surge after announcing massive layoffs

By Helene Elliott

Microsoft posted a profit of over $36.6 bn for the quarter ending September, while unveiling a plan to cut up to 60,000 jobs.

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Fed Likely to Hold Rates Steady Ahead of Midterm Election

By Norman Pearlstine

The Federal Reserve is expected to keep benchmark interest rates unchanged this month, citing inflation concerns and a desire to avoid influencing the upcoming midterm elections.

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AI debt worries ease as investors await Oracle, Alphabet and Amazon reports

By Mitchell Landsberg

Credit spreads on AI‑related bonds have narrowed after recent volatility, but upcoming results from Oracle, Alphabet and Amazon will test market sentiment.

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Science

Microsoft CFO Says Few Will Take New Voluntary Exit Offer

By Norman Pearlstine

Microsoft CFO Amy Hood expects no more than 3,000 employees to accept the latest voluntary exit buyout, citing strong growth opportunities as the reason for low uptake.

Comments closed

U.S. Residential Cruise Ship Halts World Voyage in Cambodia Over Fuel Costs

By Mitchell Landsberg

The MV Odyssey, marketed as a floating home, suspended its three‑year global cruise in Sihanoukville, Cambodia after fuel costs spiked, leaving 203 passengers and 156 crew stranded.

Comments closed

Microsoft reports $36.6 bn profit surge after announcing massive layoffs

By Helene Elliott

Microsoft posted a profit of over $36.6 bn for the quarter ending September, while unveiling a plan to cut up to 60,000 jobs.

Comments closed

Fed Likely to Hold Rates Steady Ahead of Midterm Election

By Norman Pearlstine

The Federal Reserve is expected to keep benchmark interest rates unchanged this month, citing inflation concerns and a desire to avoid influencing the upcoming midterm elections.

Comments closed

AI debt worries ease as investors await Oracle, Alphabet and Amazon reports

By Mitchell Landsberg

Credit spreads on AI‑related bonds have narrowed after recent volatility, but upcoming results from Oracle, Alphabet and Amazon will test market sentiment.

Comments closed

South Korean chip maker SK hynix has set pricing for its Nasdaq listing, aiming to raise $26.5 billion by issuing American depositary shares. The offering capitalizes on the surge in demand for AI-related chips.

Posts tagged as “SK hynix”

SK Hynix shares rise 4% after scrapping Solidigm IPO review

SK hynix prices Nasdaq listing to raise $26.5 billion amid AI boom