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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
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Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A grey cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
This is the percent of the time our models predicted the correct direction of the price (either up or down) over the last 150 days.
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
Tech companies have cut tens of thousands of jobs.
Balanced Summary:
In 2023, tech companies have announced tens of thousands of job cuts due to the combination of a rough economy, the COVID-19 pandemic, and business missteps. [0]
Perspectives
Economic Perspective
The job cuts are a result of the economic downturn caused by the pandemic, which has caused many companies to tighten their belts.
Business Perspective
Companies are cutting jobs in order to reduce costs and remain competitive in a difficult market.
Employee Perspective
The job cuts have left many employees feeling uncertain about their future and the security of their jobs.
Societal Perspective
The job cuts have had a ripple effect on the economy, with many people losing their livelihoods and struggling to make ends meet.
Political Perspective
Governments have had to step in to provide financial assistance to those affected by the job cuts, as well as to help companies stay afloat.
The tech layoffs were caused by a combination of a rough economy, the COVID-19 pandemic, and business missteps. [0] How have the layoffs affected employees?
The layoffs have left many employees feeling uncertain about their future and the security of their jobs. [0] How have governments responded to the layoffs?
Governments have had to step in to provide financial assistance to those affected by the job cuts, as well as to help companies stay afloat. [0]
News Media Bias
Engadget[0] and Bloomberg[1] reported on the tech layoffs from a neutral perspective, providing factual information about the layoffs and their effects.
CNET[2] and The Wall Street Journal[3] provided more in-depth analysis of the layoffs, looking at the economic and societal implications.
PBS[4], ZeroHedge Opinion[5], and NBC[8] reported on the layoffs from an employee perspective, highlighting the impact on individuals.
CBS[9], The New York Times[10], SF Gate[12], and The Wall Street Journal [13] provided more comprehensive coverage of the layoffs, looking at the effects on different industries.
Interesting Engineering[16] reported on the layoffs from a more technical perspective, focusing on AI startups.
Takeaway
The tech industry is facing difficult times, but governments and businesses are working together to help those affected.
Popular Tweets
@Ravisutanjani: 🚨 Dell to Layoff 6650 Employees, 5% of its Global Workforce in Latest Tech Layoffs
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
@Ravisutanjani:
🚨 Dell to Layoff 6650 Employees, 5% of its Global Workforce in Latest Tech Layoffs
