One of the biggest catalysts propelling the market higher over the past year or so has been the advent of artificial intelligence (AI). Businesses and market watchers alike agree that the potential for productivity increases could boost profits, benefiting enterprises and shareholders alike. Investors are also waiting on the edge of their seats for insight …
Disney (DIS) secured yet another key backer in its high-profile battle against activist investor Nelson Peltz. In a paper published on Monday and viewed by Yahoo Finance, proxy advisory firm Glass Lewis recommended shareholders support the company’s current board and withhold votes for the nominees put forth by Peltz’s Trian Fund Management and fellow activist …
The tech industry has started 2024 with another wave of job cuts, paring back even further after widespread lay-offs last year. So far, some 32,000 tech workers have lost their jobs in 2024 according to Layoffs.fyi, a start-up that has been tracking job cuts in the industry since the pandemic. Snap became the latest example, …