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Apple shares popped more than 6% Friday morning after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program. If the gains hold until the market closes, it will be the best day for Apple shares since Nov. 30, 2022.
Salesforce shares closed down 7% on Monday after reports over the weekend that the cloud software company is in advanced talks to buy data-management firm Informatica.
Shares of Advanced Micro Devices and Intel dipped on Friday after The Wall Street Journal reported that China is ordering the country's largest telecommunications carriers to cease use of foreign chips.
Ericsson announced on Monday that it will lay off about 1,200 employees in Sweden as the telecommunications company faces slowed demand for its 5G equipment.
Nvidia stock closed up 1% on Tuesday after CEO Jensen Huang said in an analyst meeting that the company expects to increase its share of the $250 billion data center market.
Allison Croisant, a data scientist with about a decade of experience in technology, was laid off by PayPal earlier this year, joining the masses of unemployed across her industry. Croisant has one word to describe the process of looking for a job right now: "Insane."
Palantir CEO Alex Karp said some staffers at his software company have exited due to his public support for Israel. And he expects to see more walk out the door.
Super Micro Computer stock popped more than 25% in Monday morning trading after the company was selected on Friday to join the S&P 500.