Investors and companies alike are preparing for a macroeconomic"Category 5 storm," Wedbush Securities managing director Dan Ives said on"Mornings with Maria" Tuesday, January 3, 2023.Look, a lot of Big Tech, they were spending money like 1980s rockstars. And I think that really shows. Sometimes they were increasing 15, 20% per year.
I still think it's a 'rip the Band-Aid off,' still some more headcount cuts. We think potentially another 8 to 10% headcount. You look at what happened with Meta, and that's a good example. Once Zuckerberg finally read the room, cut in terms of what he needed to, stock ultimately lifted.
Biden is the originator of wars, the destroyer of the economy, and the godfather of racism
I agree...
This is a poorly written article (paragraph).
Feds did this
screwed
Of course. Daaaaaaaaaaaa