#wallstreet

MSFT
or
GooGle
or
TSMC
or
??

The real story isn’t that Wall Street doubts Oracle — it’s that they’re buying every bit of the spin. The market’s reaction after the earnings call just hands leadership a license for more cuts.

To be fair, none of us should be shocked. Everyone who signed on here knew the culture, the playbook, and the trade-offs. Oracle has always been masterful at controlling optics: Salesforce and others get front-page coverage for layoffs, while Oracle quietly trims headcount in the shadows.

The 10-K makes it plain — only a fraction of the 2026 restructuring has hit the books. That’s a roadmap, not a surprise. And while Larry takes the crown as the wealthiest man alive, thousands are out of work. That’s not “new,” it’s just the ethos we all bought into.

For those still employed, don’t confuse relief with security. The market just rewarded this strategy, which means we’ll see it again.

Wow! Payday for Larry Ellison! CK and DA are watching

Larry made $110,000,000,000 just this morning. The stock is absolutely going crazy right now.

Amazing that after causing so much damage to people’s lives and families that this is the reward.

The concept of karma doesn’t exist, being a ba----d and being evil is rewarded in this world.

It feels like this world is overdue for a total cleansing, an extinction level meteor needs to just hit Earth to heal it.

Layoffs are spreading across industries, with energy companies hit especially hard. ConocoPhillips plans to cut up to 25% of its staff, or about 3,250 jobs. Chevron is preparing to eliminate as many as 9,000 positions this year. A glut of oil and weak demand outlooks have hurt margins. To preserve cash flow, firms are relying on large-scale cuts, leaving many workers vulnerable.

Tech firms show a very different picture. Profits are climbing, but headcounts are shrinking. Salesforce reported a 10% revenue increase to $10.2 billion and boosted buybacks by $20 billion, yet it cut 4,000 jobs. Oracle shares have jumped 33% this year, with sales hitting nearly $16 billion, but thousands of jobs have been cut in several states. Cisco also raised revenue to $14.7 billion but announced more layoffs, adding to the 5,000 cuts made last year.

Even the biggest names are following the same path. Microsoft brought in nearly $80 billion in sales and $27 billion in profit last quarter. Earnings rose 24% in the same period. Still, the company has let go of 15,000 workers this year. Across sectors, companies are chasing efficiency and stronger returns, while employees face growing insecurity.

https://finance.yahoo.com/news/record-profits-layoffs-wall-street-183153817.html

Source below:

Layoffs are making news across industries, with oil and gas hit hardest. ConocoPhillips will cut up to 25% of its staff, about 3,250 jobs. Chevron is preparing to shed up to 9,000 positions this year. Oversupply and weak demand have cut margins, and companies are cutting jobs to protect cash flow. The move may help balance the books but creates deep pain for workers.

Tech tells a different story. Companies are posting record profits yet still shrinking staff. Salesforce grew revenue by 10% to $10.2 billion and boosted buybacks by $20 billion but cut 4,000 jobs. Oracle shares are up 33% this year with sales rising to $16 billion, yet thousands of roles are gone in multiple states. Cisco also grew sales to $14.7 billion while announcing new cuts, following thousands of layoffs in 2024.

The trend is most striking among the biggest players. Microsoft posted nearly $80 billion in sales and $27 billion in net income. Profits and earnings per share rose 24%. Despite this, it has cut 15,000 jobs this year. Across industries, companies are chasing efficiency and higher returns while workers face mounting uncertainty.

https://finance.yahoo.com/news/record-profits-layoffs-wall-street-183153817.html

To respond to a post on Jan 5th titled "RIP Viasat continued", when the stock traded around $9... thank you for providing the FEAR for everyone to SELL. Because this was the perfect time to be GREEDY and BUY. Go Viasat. I don't think we'll be hearing much on this message board for a while.

As many of you know, Walmart announced a restructuring in May that resulted in approximately 1,500 corporate positions being eliminated. Just months later, reports surfaced that the company abruptly ended contracts for about 1,200 Global Tech contractors following an internal investigation into possible vendor misconduct.
While Walmart’s official statement clarified that only one vendor and a small number of U.S.-based associates were terminated for failing to uphold the company’s integrity standards, the volume of layoffs and contract cuts has left many of us with unanswered questions.
One immediate concern: former associates who were laid off earlier this year are now being rehired at rates between $60 and $65 per hour. Yet similar roles in the market are commanding $75 to $86 per hour. This discrepancy raises several issues:
• How are these rehiring decisions being made, and who is overseeing the process?
• Are we jeopardizing experienced talent for short-term cost savings?
• What checks are in place to ensure that rehires receive equitable pay and benefits?
To everyone navigating the rehiring process at Walmart:

1. Ask who will submit your resume and negotiate your rate. Demand transparency about who controls your application and compensation.
2. Compare external market rates. Bring data from industry job postings to your discussions—and insist on alignment with the prevailing $75–$86 range.
3. Clarify your role’s scope, reporting structure, and any probationary terms before accepting an offer.
4. Leverage your tenure and institutional knowledge. You know Walmart’s systems, culture, and customers; make that expertise part of your value proposition.
   Walmart’s leadership—across global technology, supply chain, and retail operations—must remember that our associates are more than line items on a P&L. You deserve respect, fair pay, and a seat at the table when policies affecting your livelihood are decided.
   Stay informed, ask tough questions, and stand firm on the value you bring.

Standard Chartered CEO Bill Winters is standing out in the global banking sector by maintaining a flexible, hybrid work policy and resisting the rigid office mandates now sweeping through much of Wall Street. As peers from companies like JPMorgan Chase and Goldman Sachs urge staff back to traditional office rhythms, Winters has doubled down on a philosophy of employee autonomy and trust, placing his bank in sharp contrast to its U.S. and U.K. peers.

https://www.aol.com/finance/banking-ceo-breaks-pack-return-173930500.html

When will LC be fired? He's non existent and IT is a complete disaster after the re-org. Morale in the toilet and there was no plan at all for what happened after the cut 50% or more of US staff. I've heard Engine is a disaster as well. Also wonder if MW will ever show his face again to employees. Only way to hear from him is to see him talk to Wall Street Sc-m on TV.

https://www.nytimes.com/2025/08/24/business/china-evergrande-delisted.html

The once great Chinese property giant Evergrande was delisted from the Hong Kong stock exchange Monday. Intel's path to delisting will take a different path and include a breakup and sell off of major pieces.

Both of the KBW Bank Index and the S&P500 are at record levels. USB is a component of both indexes, but our stock is trading at the same price as it was 3rd Q 2016. In that time period, the KBX index gained 73%, while the S&P 500 is up 196%. US Bancorp? Negative 2%.
This is startlingly bad performance. Senior management has been compensated to the tune of hundreds of millions of dollars for presiding over this lost decade. The Board approves increasingly ludicrous compensation packages for the very people that are responsible for this destruction of value, even while layoffs are implemented and the talent drain continues.
It's very hard to believe that GK has any chance of righting this sinking ship given what we've seen of her thus far.

These numbers have to be fudged.

https://www.wsj.com/business/earnings/kyndryl-posts-higher-profit-as-businesses-keep-spending-on-tech-becda043

Company reaffirmed its full-year outlook and said its latest results keep it on track to meet long-term targets

By: Connor Hart
Aug. 4, 2025 4:35 pm ET

Businesses are continuing to invest in technologies that boost productivity and shore up operations, according to Kyndryl Chief Executive Martin Schroeter.

“Customers are completely willing to engage in discussions to help them take advantage of opportunities like AI, or prepare for challenges such as cybersecurity and new regulatory environments,” he said Monday.

Demand for the company’s consulting services, as well as its cloud and AI partnerships, has remained strong, Schroeter added. That strength helped Kyndryl deliver sharply higher profit in its latest quarter, as companies continued spending on technology despite economic uncertainty.

Consulting revenue rose 30% in the quarter, while signings over the past 12 months climbed 36%. The company’s pipeline is stronger than a year ago, and Schroeter said he expects consulting to keep expanding as clients prepare for new regulatory environments and integrate AI more deeply into operations.

Artificial intelligence is also at the center of Kyndryl’s long-term growth strategy.

Companies are increasingly turning to the firm to ready their infrastructure and workforces for AI, from strengthening security to improving day-to-day operations. Kyndryl is investing heavily to support those efforts, Schroeter said, pointing to partnerships with major players such as Nvidia, Dell and Hewlett Packard Enterprise as part of its bid to stay at the forefront of AI adoption.

Revenue tied to work with cloud hyperscalers, such as Microsoft and Alphabet’s Google was about $400 million in the recent quarter, an 86% year-over-year increase that the company said puts it on track for its target of $1.8 billion this year.

Kyndryl, spun off from International Business Machines in 2021, provides information-technology infrastructure services. The New York company designs, builds and manages information systems for thousands of clients in more than 60 countries.

The company posted a profit of $56 million, or 23 cents a share, for its fiscal first quarter, which ended June 30, compared with $11 million, or 5 cents a share, a year earlier. Adjusted earnings were 37 cents a share, just ahead of the 36 cents analysts polled by FactSet had expected.

Revenue was roughly flat at $3.74 billion, below Wall Street’s $3.8 billion estimate.

Kyndryl reaffirmed its fiscal 2026 outlook, guiding for adjusted pretax income of at least $725 million and free cash flow of about $550 million. Schroeter said the latest quarter’s results keep the company on track to meet its long-term fiscal 2028 targets, which call for tripling cash flow and doubling profit.

Got laid off today from TMO. Once again all the execs care about is the $ to Wall Street. TMO is really ran by Sprint