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UAW strike may trigger losses for these tech companies

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Some of the economic impacts of the auto strike may eventually ripple across tech and the chip industry.

The impact on these companies varies based on a few factors, including the length of the strike and each company's exposure to automakers. The UAW has opted for a

There could be far-ranging effects on the economy broadly — but it will have to be a pretty extreme situation to get there. GM workers with the UAW Local 2250 Union strike outside the General Motors Wentzville Assembly Plant on Sept. 15, 2023, in Wentzville, Mo.

 

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Retail sales data, earnings, UAW strike: What to watchAugust retail sales are expected out before Thursday’s opening bell, while investors are on the lookout for Lennar’s (LEN) and Adobe’s (ADBE) earnings following Thursday’s close.The contract deadline is fast approaching for the United Auto Workers and Detroit’s Big Three automakers — GM (GM), Ford (F), Stellantis (STLA) — with the labor union threatening a strike if its employment demands are not met by midnight, Thursday night.
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