Tag Archives: Avoided

Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters As industry-wide layoffs hit bigger tech names, some Google workers worry they’re next. While Google has so far avoided the widespread job cuts that have hit tech companies, particularly those supported by a slumping ad market, internal anxiety is on the rise, according to documents viewed by CNBC and employees who spoke on the condition… Source link

Stay away from battered semiconductor stocks for the time being, according to Citi analyst Chris Danely. “We believe negative catalysts will now outnumber positive catalysts given upcoming PC data points and monthly Taiwan sales figures,” Danely wrote in a fresh note to clients. “We also expect negative data points in September in broader semis as the correction continues.” The analyst removed his short-term bullish calls on chip makers NXP Semiconductor and ON Semiconductor. His top pick… Source link

As COVID-19 surged through the NFL this week and forced the rescheduling of three games, multiple sources involved in talks between the league office and NFL Players Association told Yahoo Sports that three teams were on the verge of having to forfeit Week 15: The Cleveland Browns, Los Angeles Rams and Washington Football Team. It was a staggering reality that began to sink in for the league and players union by Thursday, pushing the two sides into a rescheduling negotiation that the NFL was… Source link

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Thursday that his electric vehicle firm and Ford Motor Company (NYSE: F) were the only American carmakers not to have gone bankrupt out of the thousands of startups operating in the industry. What Happened: Musk reasoned on Twitter that while “prototypes are easy, production is hard [and] being cash flow positive is excruciating.” The entrepreneur also reacted to Twitter users who posted on the rivalry between the two companies’ trucks. Why It… Source link