As customers hold back on tech spending amid gloomy market conditions, Intel Corp. gave one of the most dismal quarterly forecasts in its history.

On Wednesday, International Business Machines Corp. delivered an upbeat annual sales forecast while joining the wave of companies making layoffs, saying it would eliminate 3,900 employees from its workforce.

Chief lobbyist Jim Chen is leaving Rivian Automotive Inc, the electric-vehicle start-up said Monday, in the latest high-level exit as it works to scale up operations.

Even as it gave mixed signals on the outlook for growth in vehicle deliveries, Tesla reported better-than-expected profits in the latest quarter.

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On Tuesday, Microsoft Corp. sparked a relief rally for the cloud before the stock retreated after management announced lackluster guidance for the technology giant's third quarter.

In a rare case of activism targeting a prominent Chinese firm, meme stock investor Ryan Cohen has built a stake in Alibaba Group Holding Ltd worth hundreds of millions of dollars.

Shares of Spotify climbed on Monday following reports the music-streaming service was planning job cuts as soon as this week, joining a slew of companies in announcing layoffs to lower costs.

Seeking to bolster the interactive fitness provider's brand, Peloton this week announced it has hired Twitter Inc. veteran Leslie Berland as its chief marketing officer.

According to people familiar with the matter, Elliott Management Corp., one of the most prolific and prominent activist investors, has made a multibillion-dollar investment in Salesforce Inc.

On Thursday, Netflix Inc. reported earnings in the fourth quarter, announcing substantially more subscriber gains than Wall Street expected, sending its shares up 6.3% post-market despite a big earnings miss.

The main highlights in a holiday-shortened week will be US earnings and retail sales as investors closely watch to see if US companies can beat estimates amid fears that higher costs are squeezing profit margins.

Citing weak demand, Taiwanese Semiconductor Manufacturing Co. said Thursday that it expects revenue in the current quarter to drop as much as 5% and could cut this year's capital expenditures compared with the previous year.

Google parent Alphabet Inc.'s life sciences unit, Verily, is cutting 15% of jobs in a restructuring move as it strives for financial independence, according to an email to employees on Wednesday.

Marking one of the most comprehensive return-to-office policies, Disney chief executive Bob Iger told workers to return to corporate offices four days a week starting 1 March.