Tech stocks won’t return to 2021 highs even after the Fed slows or ends its rate hikes. Experts say the sector’s bubble was inflated and eventually burst by wider structural issues. As liquidity dries up and investor enthusiasm wanes, the sector could do well in 2023. Loading Something is loading. Thank you for your registration! …
Surbhi Gupta received an early morning email from Meta about the layoff Recent massive layoffs at major US tech companies have left many Indians working on non-immigrant visas such as the H1-B in limbo. Surbhi Gupta, product manager at Meta who was among those affected, spoke to California journalist Savita Patel about how it took …
Meta, Amazon and Twitter layoffs: ‘Tech layoffs won’t destroy Indian American dreams’ Read More »
Investors are trying to read the tea leaves on a choppy U.S. stock market to gauge whether its recent rise can continue after Federal Reserve Chairman Jerome Powell sparked bullish sentiment in late November by indicating that his aggressive stock hikes interest rates could slow. “Stock market management is telling you that the economy is …
Elon Musk sent a note to Twitter staff on Thursday confirming that job cuts would be announced on Friday.Carina Johansen/Getty Images Elon Musk isn’t the first – or necessarily the most powerful – to take on Apple’s App Store fees. Industry insiders from developers to CEOs have long denounced the 30% fee, dubbed the “App …
