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MT Newswires97d agobullish

Top Midday Stories: AMD Q1 Earnings, Q2 Guidance Top Estimates; Nvidia, Corning Enter Multiyear Commercial and Technology Partnership

All three major US stock indexes were up over 1% in late-morning trading Wednesday, as investors sho

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Reuters97d agobearish

Kyndryl plans job cuts, forecasts pretax profit below estimates

Software provider Kyndryl said it would cut jobs as part of a new cost-saving plan and forecast annual ‌pretax profit below Wall Street estimates on Wednesday. • The cuts come after the software provider ⁠delayed the filing of its October-December report, made several management changes, and launched an accounting review over "potential weaknesses" found in its internal controls. Kyndryl did not disclose how ‌many jobs would be affected by the move.

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