Another giant announces layoffs! Saffles will lay off approximately 700 employees
海角七号
发表于 2024-1-27 09:57:36
259
0
0
On Friday, January 26th Eastern Time, the three major stock indexes in the United States closed with mixed gains and losses, while the Dow Jones closed slightly higher, setting a record for the highest intraday and closing history.
After Intel released its financial report, its stock price plummeted by nearly 12%, marking the largest daily decline since July 2020; Tesla announced a recall of 199575 vehicles due to possible inability to display rearview mirror images.
The layoffs in the technology industry continue! Saffles will lay off approximately 700 employees, accounting for approximately 1% of its global workforce.
US crude oil closed higher on Friday and achieved its best weekly increase in over four months.
The core PCE price index growth rate in December hit a new low in nearly three years
As of the close, the Dow Jones Industrial Average rose 0.16% to 38109.43 points, the S&P 500 Index fell 0.07% to 4890.97 points, and the Nasdaq fell 0.36% to 15455.36 points.
This week, the Dow Jones Industrial Average rose 0.65%, the S&P 500 index rose 1.06%, and the Nasdaq rose 0.94%.
The core PCE price index in the United States increased by 2.9% year-on-year in December 2023, with an expected 3.00%, compared to the previous value of 3.20%; A month on month increase of 0.2%, expected to be 0.20%, with a previous value of 0.10%.
The PCE price index in the United States increased by 2.60% year-on-year in December 2023, with an expected increase of 2.60% compared to the previous value of 2.60%; The month on month increase was 0.2%, with an expected increase of 0.20%, and the previous value decreased by 0.10%.
Personal spending in the United States increased by 0.7% month on month in December 2023, with an expected 0.4%, compared to the previous 0.2%; Personal income increased by 0.3% month on month, expected to be 0.3%, with a previous value of 0.4%; Actual personal consumption expenditure increased by 0.5% month on month, compared to the previous value of 0.3%.
After the data was released, the Chicago Mercantile Exchange's Fed watch tool showed a 47.4% likelihood of the Federal Reserve cutting interest rates in March.
Nomura Securities predicts that the Federal Reserve will cut interest rates by a total of 100 basis points in May, July, September, and December 2024.
According to Robert Pavlik, Senior Portfolio Manager at Dakota Wealth on Sina, "The PCE data is basically in line with expectations, which is consistent with the statement we have been hearing that consumer spending helps promote economic growth. Both of these numbers have increased compared to last month, but I don't think this will have a significant impact on the entire market."
The Federal Reserve will hold a two-day monetary policy meeting next Tuesday and Wednesday (January 30-31).
Tesla recalls nearly 200000 vehicles in the United States
The TAMAMA Technology Index of Wanda USA fell 0.21%, with most technology stocks rising. Apple fell 0.9%, Amazon rose 0.87%, Netflix rose 1.5%, Google rose 0.21%, Facebook rose 0.24%, Microsoft fell 0.23%, and Tesla rose 0.34%.
The National Highway Traffic Safety Administration of the United States has announced that Tesla has recalled 199575 vehicles in the United States due to the possibility of rearview mirror images not being displayed. JPMorgan Chase has lowered Tesla's target price from $135 to $130.
Apple announced on its official website that in order to comply with the relevant provisions of the European Union's Digital Markets Act, it plans to bring sideloading, third-party app stores, and non WebKit engine browsers to users in 27 EU countries starting from March 2024.
Apple also stated in a press release that it will introduce over 600 new APIs for developers and open up more permissions for developers in the European Union to interact with iPhone hardware and software.
Intel's stock price plummeted by nearly 12%
Intel's financial report shows that the company's adjusted earnings per share for the fourth quarter of 2023 are $0.54, with an expected earnings of $0.44; Revenue of 15.4 billion US dollars, expected to reach 15.2 billion US dollars; Net profit of 2.669 billion US dollars, expected to be 956 million US dollars.
Expected adjusted earnings per share for the first quarter of 2024 are $0.13, while analysts expect $0.34; Revenue of $12.2 billion to $13.2 billion, with analyst expectations of $14.25 billion; Adjusted gross profit margin of 44.5%, analysts expect 45.5%.
After the financial report was released, Intel's stock price fell in response, closing down 11.91% on Friday.
The CEO of Intel stated that the market's response to the first quarter forecast has been exaggerated. The wafer foundry business has a good momentum.
Saffles will lay off approximately 700 employees
According to Zhitong Finance, Saifushi will lay off about 700 employees, accounting for about 1% of its global workforce. According to insiders, there are still 1000 job vacancies in the entire company of Saifu Shi, which means this may be more of a routine adjustment for company employees.
Sai Fu Shi stated in September last year that after layoffs in January, it will recruit more than 3000 employees to improve profit margins. But in early January of this year, Saffles and its office software subsidiary Slack once again suspended recruiting new employees in their technology and product departments.
WTI crude oil rose 6.3% this week
As of Friday's close, the futures price of West Texas Intermediate Crude Oil (WTI) for March delivery rose 65 cents, or 0.8%, to close at $78.01 per barrel.
The Brent crude oil contract for March rose 99 cents, or 1.20%, to $83.42 per barrel.
According to the most active contract calculation, the US WTI rose 6.27% this week, setting the best weekly increase since September 1st. Brent crude, the global benchmark for crude oil prices, rose 6.17% this week.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Alibaba International Station has reached a cooperation agreement with global payment giant Mastercard
- Intel does not comment on the statement of "Qualcomm acquisition". Previous acquisitions between giants have been difficult due to antitrust scrutiny
- Tech giants jointly send letter to the European Union, can it knock on the door of EU regulation
- Another American giant hits a wall in India
- After 24 years, the spin off case of American tech giants reappears! The US Department of Justice is taking action to 'forcibly dismantle' Google this time
- Elon Musk's Cybercab is about to be released! Many domestic giants are competing to explore the Robotaxi China model
- The demand for AI has surged! American optical communication chip giant Marvel is exposed to raise prices for all products next year
- Two major chip giants suddenly face significant negative news! Qualcomm and Arm reportedly terminate cooperation
- The US Treasury Department is reportedly considering investigating the decline of mainstream cryptocurrency Tether, a stablecoin giant
- Will Tesla be kicked out of the 'Tech Seven'? Wall Street is reevaluating Netflix as a backup option!
-
【英偉達の需要が高すぎる?SKハイニックス:黄仁勲がHBM 4チップの6カ月前納入を要求!】SKハイニックスの崔泰源(チェ・テウォン)会長は月曜日、インビダーの黄仁勲(ファン・インフン)CEOが同社の次世代高帯域 ...
- 琳271
- 前天 17:54
- 支持
- 反对
- 回复
- 收藏
-
ファイザーが前立腺がんを治療する革新薬テゼナ& ;reg;(TALZENNA®,一般名:トルエンスルホン酸タラゾールパーリカプセル)は2024年10月29日に国家薬品監督管理局(NMPA)の承認を得て、HRR遺伝子突然変異 ...
- 什么大师特
- 昨天 17:41
- 支持
- 反对
- 回复
- 收藏
-
南方財経は11月5日、中央テレビのニュースによると、現地時間11月5日、米ボーイング社のストライキ労働者が59%の投票結果で新たな賃金協定を受け入れ、7週間にわたるストライキを終えた。ストライキ労働者は11月12 ...
- Dubssgshbsbdhd
- 昨天 16:27
- 支持
- 反对
- 回复
- 收藏
-
【マスクはテスラが携帯電話を作ることに応えた:作れるが作らないアップルとグーグルが悪さをしない限り】現地時間11月5日、有名ポッドキャストのジョローガン氏のインタビューに応じ、「携帯電話を作るのは私たち ...
- 波大老师
- 昨天 14:41
- 支持
- 反对
- 回复
- 收藏