Apple Inc CEO Tim Cook said the personal computer industry is "very challenged" at the company's first-quarter results conference call on Thursday. What Happened: Responding to a question on the call, Cook said "The [PC] industry is contracting." "I don't know how this year will play out, so I don't want to predict the year.
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
Vangst, a leading cannabis industry staffing platform, released a new report, '2022 Cannabis Industry Salary Guide,' which highlights 2022 weed salaries and the diversity trends in the industry, including employee benefits trends as well as industry predictions for 2023.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
The World Economic Forum recently held its annual meeting in Davos, Switzerland where leaders in finance and government convened to discuss policy, pandemic fragmentation and multipolarity. Benzinga attended the event and interviewed Jeff Schumacher, the founder and CEO at NAX, the New Asset Exchange.
Tech layoffs have been in the spotlight over the past few months as companies are scrambling to squeeze every bit of the cost leverage to counter shrinking toplines. What Happened: Tesla's full-time employee count, including those employed by its subsidiaries worldwide, totaled 127,855 at the end of 2022, the Austin, Texas-based company said in its 10-Q filed with the SEC on Monday.
Late Tuesday, Origin Therapeutics Holdings Inc., an investment issuer that has historically focused on psychedelics-industry-related companies announced it had signed a binding Letter of Intent to acquire all of the issued and outstanding securities of Safe Supply Streaming Co., a pharmaceutical streaming and investment company in the safe supply eco-system.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth.
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