Tech stocks are having their best January in decades — here’s why it might not be a good sign

Tech stocks are on a tear to start 2023, but that could actually be a worrying signal. The Nasdaq COMP composite index, +0.95% is up 11% so far this month, on track for its best January performance since posting a 12.2% gain in 2001, according to Dow Jones Market Data. But that 2001 rally cooled … Read more

Microsoft and ArcelorMittal back clean steel spinoff from MIT Boston Metal

Removing molten iron from a pilot-scale facility at Boston Metal’s facility in Woburn, Mass. Photo courtesy of Boston Metal The $1.6 trillion steel industry is the backbone of the modern world. It is also a significant contributor to global warming, accounting for between 7% and 9% of global carbon dioxide emissions, according to the World … Read more

Microsoft and ArcelorMittal back clean steel spinoff from MIT Boston Metal

Removing molten iron from a pilot-scale facility at Boston Metal’s facility in Woburn, Mass. Photo courtesy of Boston Metal The $1.6 trillion steel industry is the backbone of the modern world. It is also a significant contributor to global warming, accounting for between 7% and 9% of global carbon dioxide emissions, according to the World … Read more

Stocks moving the most ahead of market: Boeing, AT&T and more

The exterior of a 787 Dreamliner at Boeing’s North Charleston manufacturing plant on December 13, 2022. Logan Cyrus | AFP | Getty Images Find out which companies are making headlines before the bell. Boeing – Boeing shares fell about 1.7% before market after the aircraftmaker posted earnings and revenue that beat expectations, despite a recovery … Read more

Microsoft investigates Teams and Outlook outage as users report issues

The Microsoft logo can be seen in the Microsoft store in New York. fresh mike | Reuters Microsoft said it was investigating issues with several of its products, including Teams and Outlook. The US tech giant said users may not be able to access several Microsoft 365 services. “We have identified a potential network issue … Read more