O'Keefe Stevens Advisory's end of Q2 top 5 holdings represented ~35% of assets, with NVDA representing ~11%. Click here to read the full fund letter...
Continue ReadingAmazon is pausing hiring for its corporate workforce, the latest move by the company to cut costs amid worries about the wider economic environment...
Continue ReadingAmazon announced this week it will freeze hiring for corporate positions citing the "uncertain" economy, saying the pause will likely last for months...
Continue ReadingYahoo Finance's Dan Howley discusses how the slowdown in tech is affecting companies' hiring plans...
Continue ReadingAmazon has declared a halt to corporate hiring in the face of growing uncertainty in the global economy and given growth in the company’s staff in recent years. Beth Galetti, Amazon’s senior vice president of people experience and technology, wrote in a blog post on Thursday that CEO Andy Jassy and the “S-team”—Amazon-speak for senior management—“decided this week to pause on new incremental hires in our corporate workforce.” The company also projected a sharp slowdown in growth at Amazon Web Services in the fourth quarter...
Continue ReadingAmazon's move follows narrower hiring freezes it put into place in recent weeks. It's the latest sign the Seattle tech giant is battening down the hatches amid economic headwinds...
Continue ReadingWarner Bros. Discovery reported a double miss for the third quarter, with DTC subscriber and ad revenue growth being the sole bright spot...
Continue ReadingPayPal reported Q3 results that beat estimates. The Q4 revenue guidance was weak, however, and the misinformation policy issue lingers over the company...
Continue ReadingAmazon.com Inc (NASDAQ: AMZN) will halt hiring in its corporate workforce as it battled with an "unusual macro-economic environment," Reuters reported citing the company blog. "We anticipate keeping this pause in place for the next few months and will continue to monitor what we're seeing in the economy and the business to adjust as we think makes sense," Beth Galetti, senior vice-president of People Experience and Technology at Amazon, said. In recent weeks, Amazon has already paused hiring in...
Continue ReadingAmazon commits $53 million for women-led climate-change solutions, including $50 million directly in female-run climate tech...
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