Simple Joe
2022-11-25

Over recent weeks $Meta Platforms, Inc.(META)$   laid off 11,000 workers, about 13% of its overall workforce.

 $Amazon.com(AMZN)$ slashed 10,000 employees, about 3% of its corporate workforce.

Big Tech: Good time to add/short?
Wall Street stocks on Thursday had their best day since early January, fuelled by a batch of strong earning reports from Big Tech groups. META reported an unexpected increase in sales; Amazon reported better-than-expected revenue on Thursday; Microsoft surpassed expectations of EPS, revenue and revenue guidance. ---------- [TOPIC] Do you think U.S. tech stocks can ever return to the top? Do you think it is a good time to short or add your positions? ---------- How do you view the earnings of Big Tech? Will you add big tech or short them?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • drandy
    2022-11-25
    drandy
    news just in - Amazon employees protesting black Friday sale 😵
  • Ashish
    2022-11-25
    Ashish
    bade
Leave a comment
2