The U.S. economy could be headed for a “no landing” scenario thanks to the hot labor market, but that might not be good news for the stock market, according to Bank of America analysts. In an analyst note published Friday, Bank of America chief economist Michael Hartnett predicted a “no …
Read More »These Chip Stocks Could Gain 40% This Year And Outperform The S&P 500
Fabless chip stocks are showing strong price performance as they enter the elite IBD 50 list. Rising interest rates aren’t good news for these specialized semiconductor designers but demand is growing rapidly for automotive, health care and telecom applications. China’s reopening economy could also prove to be a tailwind after …
Read More »Meta just gave thousands of employees poor performance reviews that could clear the way for more layoffs during its ‘Year of Efficiency’
Just months after Meta laid off 11,000 employees, there are signs the company could be preparing for another wave of cuts. The parent company of Facebook and Instagram has reportedly ranked thousands of employees as “subpar” in a recent wave of performance reviews. And that’s raising fears among workers that …
Read More »‘The Big Quit’: Close to 70% of US workers plan to leave their jobs in 2023 — with Gen Z, millennials leading the way. 3 tips to successfully carve a new career path this year
‘The Big Quit’: Close to 70% of US workers plan to leave their jobs in 2023 — with Gen Z, millennials leading the way. 3 tips to successfully carve a new career path this year Ever since London-based management professor Anthony Klotz coined the term “Great Resignation,” smug bosses and …
Read More »Cooper Standard Reports Fourth Quarter and Full Year 2022 Results and Provides Guidance for Improved Full Year 2023 Outlook
NORTHVILLE, Mich. –News Direct– Cooper Standard Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the fourth quarter and full year 2022. Fourth Quarter Summary Sales of $649.3 million, an increase of $48.0 million compared to fourth quarter 2021 Net loss of $88.1 million or $(5.12) per fully diluted share, …
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