This week, Federal Reserve Chair Jerome Powell will speak about the economy before Senate committees, and the February employment report will come out. Economists expect one of those to be aHelped by Fed official Raphael Bostic's dovish comments and a retreat in Treasury yields, U.S. stocks managed to shrug off their pessimism and rallied to end the week in the green.
Not that all is rosy in the tech industry. Amazon stopped building "HQ2." Meanwhile, Meta's throwing more money at its loss-incurring Reality Labs segment. The firm— by up to $500 on its higher-end Meta Quest Pro — in an attempt, perhaps, to boost sales.
iownjd Uh oh finally recession is coming
Techs been in trouble past 24 months
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