Analysis: Europic Inc. earnings season is a test for market optimism

LONDON (Reuters) – The upcoming company earnings season in Europe is more likely to present whether or not the renewed optimism concerning the financial system that has boosted equities in latest weeks is on the bottom. The pan-European STOXX index (.STOXX) It has risen 6% because the begin of the yr, hitting its highest stage … Read more

A parent at Google is laying off 12,000 workers as the focus on artificial intelligence intensifies

Jan. 20 (Reuters) – Alphabet Inc, the father or mother firm of Google (GOOGL.O) It should minimize about 12,000 jobs, or 6% of its workforce, she mentioned in a notice to staff Friday, because the tech sector backs off layoffs and firms stake their future in synthetic intelligence (AI). Alphabet shares had been up almost … Read more