Fed meeting and earnings from Big Tech

As Wall Street approaches the heigh of earnings season, CNBC’s Jim Cramer pinpointed the most important events happening next week — including the Federal Reserve’s meeting and earnings from Big Tech. Earnings are especially important as the government shutdown delays macro economic data, according to Cramer. He added that Friday’s gains make him fairly wary….

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Applied Materials lays off 4% of workforce

Signage outside Applied Materials headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Chip equipment manufacturer Applied Materials is laying off 4% of its workforce. The company on Thursday began notifying impacted employees around the world “across all levels and groups,” it said in a…

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