10 “Phase 4” Tech Stocks to Sell Now
Saturday, 3 December 2022, 15:00:55
It’s been a tough year for the stock market, especially for the tech sector. As of this writing, the tech-heavy NASDAQ is down 27% year-to-date. I should also add that tech has been shrinking as a percentage of the S&P 500 this year due to problems at Amazon.com ( AMZN ), Alphabet ( GOOGL ), Meta Platforms, Inc. ( META ) and Microsoft Corp. ( MSFT ). And not one of these companies has posted gains over the past year. Now, you should know this isn’t the first time this has happened in tech. In the late 90s, the market had a bubble burst and literally 54% of the S&P 500 was in less than 10 tech stocks at the time. The tail of the S&P then did better than the top end for seven years. Currently the tech sector is facing many challenges, due in large part to the trajectory of the industry during the pandemic. Companies across the tech industry are now having to cut costs and institute hiring freezes. They’ve also had to reduce their workforce. Large companies like Cisco Systems ( CSCO ), Amazon and Twitter, Inc. ( TWTR ) have had to make layoffs that totaled nearly 29,000 workers in the past three months.
Is Amazon Finally Fixing Its Inventory Problem?
Saturday, 3 December 2022, 12:25:00
Stronger-than-expected sales could help lead to positive free cash flow.
— The Motley Fool
It’s not just Elon Musk. Tech CEOs everywhere are quietly asking their employees to step it up or risk getting fired.
Saturday, 3 December 2022, 11:15:00
Tech CEOs are turning up the heat, even if it”s not as blatantly “hardcore” as Elon Musk”s verbiage. Major tech CEOs have been asking employees to step up throughout this year”s stingier economy. Employees at Google, Amazon and others have all been asked to work harder or risk their jobs. Elon Musk has been cranking up the intensity at Twitter since taking over. Per Musk, there”s a new “extremely hardcore” vision, “dense and intense” office structure, and an “arduous” road ahead — and employees need to be on board or leave the building. Although other tech CEOs have not issued edicts as aggressive as Musk”s, this year”s economic downturn prompted leaders across the tech industry to tell workers they”ll need to work harder, albeit couched in more diplomatic language. If their language wasn”t as belligerent as Elon”s, the message was still similar: people would be expected to step up or find somewhere else to work. At Meta, ”there are probably a bunch of people at the company who shouldn”t be her” Facebook CEO Mark Zuckerberg told staff in early July that he would dial up the intensity of employee performance goals. “Realistically, there are probably a bunch of people at the company who shouldn”t be here,” Zuckerberg reportedly said . “And part of my hope by raising expectations and having more aggressive goals, and just kind of turning up the heat a little bit, is that I think some of you might just say that this place isn”t for you.
— Business Insider Nederlands
Amazon Stock: Looking At Risk Vs. Return (NASDAQ:AMZN)
Saturday, 3 December 2022, 10:46:56
Amazon”s forecasted revenue growth is largely intact and forecasted earnings well below historical values. See why I think AMZN will likely return to 2021 values.
— Seeking Alpha
Amazon To Build Two Wind-Solar Hybrid Projects In India
Saturday, 3 December 2022, 08:37:55
US-based ecommerce major Amazon is building two wind-solar hybrid projects with Vibrant Energy, a subsidiary of a portfolio company of…
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