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This JPMorgan investment strategist’s side hustle is a profitable plantain business and the global labor market will lose 14 million jobs over the next five years
Hi, MarketWatchers. Don’t miss these top stories.Hotel-housekeeping jobs have fallen by 102,000 during the pandemic. What happened? “Before the pandemic, I never had a problem with getting hours,” one housekeeper told MarketWatch. Read MoreThis JPMorgan investment strategist’s side hustle is a profitable plantain business Rachel... Source
NXP Semiconductors stock rallies 5% as results, outlook top Wall Street view
NXP Semiconductors NV shares rose in the extended session Monday after the chip maker — which gets more than half its sales from auto makers — topped Wall Street estimates for the past quarter, and in its outlook for the current one. NXP NXPI shares rose as much as 5% after…
The number of gig workers murdered on the job hits highest level since 2017, report says
At least 31 app-based gig workers in the United States were murdered on the job last year, the highest annual total since a workers’ group started tracking the number in 2017, according to a new report published Monday on International Workers’ Day. Of that number, 77% were people of color…
AAPL Stock Price | Apple Inc. Stock Quote (U.S.: Nasdaq)
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Vice preparing to file for bankruptcy: reports
Beleaguered digital-media company Vice Media is preparing to file bankruptcy, the New York Times and Wall Street Journal reported late Monday. Citing two sources with knowledge of Vice’s operations, the Times reported a bankruptcy filing could happen in the coming weeks, adding that the company is also seeking a buyer…
IBM expects to pause hiring for thousands of jobs that can be done by AI: report
The CEO of International Business Machines Corp. expects to pause the hiring of thousands of people for positions that could be replaced by artificial intelligence in the coming years, according to a new report. Bloomberg News reported Monday that Chief Executive Arvind Krishna said in an interview that hiring will…
Students are turning to ChatGPT for study help, and Chegg stock plummets more than 30%
Chegg Inc. shares plunged 37.5% in after-hours trading Monday and were headed toward their lowest price since 2017, after the online-education company’s forecast called for an unexpected revenue decline as students begin to use ChatGPT. Chegg CHGG reported first-quarter earnings of $2.2 million, or 2 cents a share, on net…
Arista Networks stock falls as ‘cloud titan’ demand from Microsoft, Meta expected to moderate
Arista Networks Inc. shares slipped further in the extended session Monday after the cloud-network company’s said one of its biggest growth drivers could slow down after reporting that quarterly results and outlook both topped Wall Street estimates. Arista ANET shares fell 7% after hours, following a flat day in the…
ALGT Stock Price | Allegiant Travel Co. Stock Quote (U.S.: Nasdaq)
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