TECH WEEK: Will layoffs pay off?

Just about every company on the line ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Alphabet. Amazon. Meta Platforms. Microsoft. All will be reporting earnings this week. The stakes could not be much higher. Big Tech companies laid off thousands of workers to limit costs. Some areas of San Francisco look like a ghost town. But the worst may be over, as the American economy is stubbornly fending off a recession. AI is also creating the potential for a new engine of growth. There’s a contradiction here, as the competition for talent will clash with the need to cut expenses. Perhaps it is an impossible choice – it’s very hard for a company to retrench and pursue growth at the same time. Some investors may be feeling the same way. Despite the American economy’s strength, there are still warnings about a possible recession. And many investors may be simply looking for cover right now. This is a mistake. People talk about an "abundance mindset" but I believe in an offensive mindset. Ground is always there to be conquered. Our situation is fundamentally different than that of a corporation. We are not dealing with managing payrolls. Instead, we’re on the attack using two different approaches. First, using technical signals that have proved their effectiveness in all sorts of different markets. Second, identifying those areas of the economy that will grow even if the larger economy suffers – and picking which companies have the advantage. We’re likely to experience some major volatility this week, but that is never a problem. Volatility is a sign to advance. It prepares the ground for the technical signals we need and the hard data to judge one firm above another. Get ready to attack. Keep Moving, Corey Snyder Publisher, Rogue Investing WORD ON THE STREET AMC Upgrade, BBBY Bankrupt, Whole Foods Layoffs - Guess The Turnaround Effort Didn't Work - Bed Bath & Beyond has fulfilled the worst fears of some investors, filing for Chapter 11 bankruptcy protection yesterday. The company's been warning of the possibility for some time, but that didn't stop a few meme stock rallies. The stock was just $0.29 on Friday - it's down 88% this year. - Casualty Of The Culture War - Bud Light's vice president of marketing Alissa Heinerscheid has taken a leave of absence after the backlash following the company's marketing campaign featuring a transgender. Todd Allen, former global vice president of Budweiser, will take her place as the company tries to win back disaffected drinkers. The company has been running ads trying to call back to its traditional image - It's A Hit! - Benchmark, an analyst firm, is projecting AMC will report first quarter revenue of $912 million, an increase of $81 million above its prior estimate. Analyst Mike Hickey said "domestic box office exceeded our expectations." Quarterly results will be announced before the market opens on May 5. - Still A Big Tech Layoff I Guess - Whole Foods, which is owned by Amazon, is laying off hundreds of corporate workers. "We are evolving our operating structure and making adjustments to some corporate teams, so we can better support our stores as Whole Foods Market continues to grow and expands its reach to serve more customers," said the company. HOT SPOTS: What's Going on in Geopolitics - Bank Of Japan May Change Course - The Bank of Japan has a new governor, Kazuo Ueda, and that could signal a change in course for one of the most important central banks in the world. Japan has been dealing with high inflation, and analyst Marcel Thieliant at Capital Economics has predicted that the BoJ is going to move in a more hawkish direction. That could have a major impact on global growth rates. - Ukraine Demands More Weapons – As rumors swirl about a possible Ukrainian counteroffensive, the government says it needs more tools to finish the job. "We are thankful to our allies for their military help," tweeted Ukrainian Deputy Foreign Minister Andrey Melnik. "But: it is not enough. Ukraine needs 10 times more to finish russian aggression this year." [SIC] - China Insults Baltic States - Well, this won't go over well in the former Eastern Bloc. Ambassador Lu Shaye has caused a diplomatic furor by dramatically expanding the scope of the question when he was asked whether Russia owned Crimea. "Even these ex-Soviet Union countries do not have effective status, as we say, under international law because there's no international accord to concretize their status as a sovereign country," he said. That's... not true at all actually. Needless to say, the Europeans are big mad. CUTTING EDGE: What[']( )s Happening In Tech - Supreme Court Freezes Rulings On Abortion Drug - The Supreme Court is temporarily protecting access to mifepristone, a widely used abortion drug. The case is still working its way through the system before it reaches a final decision, with a hearing at a federal appeals court scheduled for May 17. - Winklevoss Twins Strike Back – As the United States cracks down on crypto, Tyler and Cameron Winklevoss of Gemini are taking their efforts international. The crypto exchange announced it will be opening an offshore derivatives platform, with a perpetual bitcoin and a perpetual ether contract on offer. - Let's-A Go! - The Super Mario Bros. Movie won at the box office for the third week in a row, giving Nintendo a pop culture hit. The film has stunned analysts, blowing past projections and making $725.7 million worldwide. The film has been made over $400 million just nationwide FOR YOUR CONSIDERATION --------------------------------------------------------------- "Palantir's balancing act could be the story of the military-industrial complex." In an era of globalization, Palantir is taking sides. It isn't just a company, but a firm with a mission. But it's as controversial as it is useful to those in power. What are the risks the all-seeing eye will face going forward? Mr. X explains. [PALANTIR: A DANGEROUS TOOL]( ) Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing]( ). The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( ) for more information. Sent to: {EMAIL} [Unsubscribe]( ) Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States