Many formerly high-flying "pandemic stocks" are still down precipitously from their highs. Backing the best of these companies could have huge payoffs over the long term.

7 Stocks That Hedge Funds Can't Get Enough Of

08:37pm, Wednesday, 24'th May 2023
The most recent regulatory disclosures of hedge funds show that they have increasingly concentrated their investments in technology stocks. Especially with many tech stocks rebounding from a brutal 2

Meta Completes Latest Round of Massive Layoffs

01:40pm, Wednesday, 24'th May 2023
Meta Platforms sent out the last round of pink slips to thousands of workers. Even though this round of cuts was announced in March, many projects were put on pause and workers felt like they were in
Facebook's failure to stop open containers of baby formula being traded online has put infants in danger, campaigners and charities say.
More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.
Job cuts are part of plan announced in March to eliminate 10,000 roles, bringing headcount to where it stood mid-2021
Facebook-parent Meta on Wednesday began cutting employees in its business groups as part of a previously announced round of layoffs, according to social media posts from impacted workers.

Is Artificial Intelligence an Investing Fad?

10:00am, Wednesday, 24'th May 2023
Some stocks have bounced on AI news, but are we sure they'll create value?
The stock has done well, but it hasn't gotten the narrative boost that some other big tech stocks have.
Investors should consider stocks like Harvard Bioscience (HBIO), MicroStrategy (MSTR), Meta Platforms (META), InterDigital (IDCC), and Weave Communications (WEAV) in their portfolio if they want to ou

Meta begins third round of layoffs: reports

09:15am, Wednesday, 24'th May 2023
The third round of cuts is part of a plan that Meta META, -0.64% Chief Executive Mark Zuckerberg announced in March in an effort to further slash costs at the social-media company. He said at the time

Meta conducts yet another round of layoffs

09:06am, Wednesday, 24'th May 2023
Meta is waging its latest round of layoffs on Wednesday, estimated to impact about 6,000 people. These cuts are part of the company's so-called “Year of Efficiency,” in which Meta is being massive
Meta has begun its third round of layoffs as part of a cost-cutting plan that will eliminate over 21,000 workers from the company.
A top European Union regulator defended a decision to hit Meta with a record-setting fine, saying she had to enforce the law based on existing rules.
Facebook parent Meta will sell Giphy Inc. to Shutterstock for $53 million, well below the $400 million it paid for the platform in 2020 after U.K. regulators blocked the acquisition.
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