#market

The market has spoken. A 20% drop in 4 months signals major fundamental issues at IBM. A falling stock price will put intense pressure on management to "shore up" the company and appease shareholders.

RDO Equipment announced layoffs for dozens of employees this week. The company cited challenging market and economic conditions. These conditions have impacted the agricultural sector for the past year. At least 36 team members were affected by this force reduction. RDO Equipment also cut two percent of its employees in early August.

Fargo, ND

https://www.dakotanewsnetwork.com/2025/09/12/rdo-announces-dozens-of-layoffs-amid-decline/

Kalshi operates a rapidly growing prediction market. This market focuses on the number of tech layoffs. It has already generated over $30 million in trading volume. The market predicts a high chance of increased layoffs in 2026. Trading volume for this market grows 20% weekly.

https://www.businessinsider.com/kalshi-market-tech-layoffs-mansour-lopes-lara-2026-4

Ford would be smart to get into this market.
Ford could go to junk yards all over the country with car haulers and pull Ford beaters out, even the wrecked ones with bent frames. This would be Ford junk like Pintos, Mavericks and all other junk cars Ford previously built. Ford should not do nothing to prep the beaters to sell like painting them, fixing rust in quarter panels, changing the 50-year oil in the sump or oil filter, changing spark plugs, changing busted head gaskets or broken timing belts. Tow the beaters directly from the junk yards to Ford Dealers all over the country. Then sell the beaters AS-IS with a 200% markup. This is pure profit and the beaters most likely won't ever come back to the dealerships because they were sold AS-IS.

Nasdaq up over 3% while otex is down 1%

Once we miss earnings April 29, the stock is going to 15

REC Advanced Silicon Materials announced a workforce reduction. The company will lay off approximately 10% of its employees. These layoffs will affect its Butte facility. The changes are scheduled for early December 2025. Market and financial challenges prompted this decision.

Butte, Mont.

https://www.montanarightnow.com/butte/rec-silicon-to-lay-off-10-of-workforce-at-butte-facility/article_433a3aee-c64c-4fd9-b2cc-df2b832967f6.html

Listening to yesterdays call even if everything goes great over the next year where is the upside? Where's the growth coming from? Best case scenario sounds like incremental growth in na partners but dtc continues to "right size" and bleed out china will continue to take on water emea is lost. And news flash things are not going to go perfectly shipping will only get more complicated. it might take years for tariff relief to actually help the bottom line. our dear leader doesnt seem to think much of sportswear and especially not the swoosh. 20s incoming

Especially with this many people flooding the market all at once?

Just think, it was trading near 170 five years ago. Today it’s trading at 45. Make your own conclusions.

Since this market closed on 3/31 I was wondering if they found jobs for the NCM’s and SW’s?

If you had invested $1000 in nike stock back in 2015, you would have about $1000 now.

If you had bought $1000 of Nike back in 2015 and sold at the peak in 2021 you would have had roughly $3673.

If you invested $1000 in Apple stock in 2015, you would have $8,233 now.

If you invested $1000 in Amazon stock in 2015, you would have $12,000 now.

If you invested $1000 in Tesla stock in 2015, you would have $27,692 now.

If you invested $1000 in Nvidia in 2015, you would have $347,916 now.

ORCL is under $140, might get below $130 next week.
MAG 7 is flat at best.
10yr Bond is approaching 4.5%, screaming rates are way way too low.
Good for cash, bad for credit debt.
Crude is now over $110.

Not good at all !!!

I like it better here when we're hiring.

Much like when First Data came in, why hasn't anyone else scooped in to take over and acquire the client base? Only thing of value are the customers we still have.

Seems the place is ripe for the taking.

Is it possible? When do you think it will happen?

The recent surge in share prices are not a reflection of the market now thinking Phillips 66 is a better investment than peers.

YTD we are trailing all refiners, including PBF, Delek, and even CVR and are right in line with the broader S&P energy index. Bets on refining were made with the start of the Iran war and we did not benefit. We just followed the inflow of money into energy.

We still have a long way to go before we earn the trust of investors. We must deliver Q1 results given the current favorable margin environment.

This is from Barron's, link below:
Mike Wirth, CEO of Chevron, warned that energy markets are underestimating the severity of the oil supply shock caused by the Iran conflict. He said millions of barrels per day are already offline, with losses expected to grow, creating what experts describe as an “availability crisis.” Disruptions in the Strait of Hormuz, a key global shipping route, are tightening supply, especially for Asia, while futures markets still project relatively moderate prices. Despite recent volatility, with oil briefly spiking above $100 before falling, Wirth believes current pricing does not fully reflect the real physical shortages.

The situation is further complicated by uncertainty around how long the conflict will last and how quickly damaged infrastructure can be restored. Goldman Sachs has already raised its oil price forecast for 2026, anticipating prolonged disruption in supply flows. Even if the war ends soon, experts say it could take weeks, months, or longer to bring production fully back online, meaning supply constraints may persist. Overall, the article suggests that oil markets may be too optimistic, and prices could rise further if the supply shock proves more sustained than expected.

https://www.barrons.com/articles/chevron-ceo-crude-oil-prices-futures-f65915b8

No paywall:
https://archive.is/MHNek

260 euros to 175 new target. That is a huge reduction!!!! Why?

https://finance.yahoo.com/markets/stocks/articles/jpmorgan-cuts-sap-neutral-cloud-085540218.html

Any reasons?

Lots of analyst predicting it will decline.

What happened at 3pm today? Stock took an instant hit. 1.40 to 1.34 in an hour.
Did lean six sigma or the java ui do this? Is it Fat five beta now? Is there a new jdk ui?

It reaches 158€ !
Any info on the possible causes ?

Who keeps/holds Fiserv stock?

https://www.barrons.com/articles/qualcomm-stock-price-sell-rating-4a4b0976

Meta no longer needs to hold you off the market.. Sure you demonstrated answering the leetcode hard you can grind you were once a viable threat to the business. Unfortunately this skill no longer matters with copilots. Meta is bloated with Pokémon as evidenced by blind posts bragging only working 20 hours a week. Now the greater threat is bloated payrolls combined with increasing AI spending. Ask yourself, what has meta actually delivered on? Seems hiring all these Pokémon’s didn’t work anyway. 50% cut meta would still be delivering nothing of value

REC Advanced Silicon Materials announced layoffs at its Butte facility. Approximately 10% of the workforce will be affected.The company cited market and financial challenges for this decision. Further details are available in REC Silicon's quarterly report.

Butte, Montana

https://www.montanarightnow.com/butte/rec-silicon-to-lay-off-10-of-workforce-at-butte-facility/article_433a3aee-c64c-4fd9-b2cc-df2b832967f6.html

And the death knell sounds on WatsonX.

https://247wallst.com/investing/2026/03/13/ibm-has-fallen-16-as-anthropic-puts-them-in-the-bullseye/

(This was a reply I posted in another thread, but it should probably be its own topic.)

Ever wonder why Cigna, UHG, Aetna, etc. are trying to branch out into different areas?
They’re hedging their bets.

AI efficiency is smallest piece in our layoff equation, but it is giving leadership hope that cuts will help bring profits.

Cigna, as well as every other publicly traded company, is outsourcing (offshoring) tech, admin, call centers, etc. in huge numbers. The remaining US employees are expected to absorb their newly-acquired extra job functions with the use of AI (Copilot in our case). AI is expected to increase productivity of remaining US employees by at least 2X.

As per usual, teams in India will make lots of noise and eat up company resources while providing very little new product and creating extra work for US-based workers.

Ultimately, Shareholders will still be pi---d because Cigna stock prices will continue to slide. The real reason for this slide isn’t is that employee costs are growing. Rather, it’s because health insurance premiums can no longer feasibly grow at the same rate as healthcare cost and utilization.

What we’re witnessing firsthand is an industry in turmoil. The once limitless dollars of the US commercial healthcare membership are drying up at an unbelievable rate. The Boomer demographic is coming home to roost and is destroying the market. GenX and Millennial employee dollars can’t stand the strain of Boomer retirees and job diehards.

You may ask “if Boomers retiring, how does this negatively impact commercial plans?”
The answer is that the US commercial healthcare member/client pays the lion’s share of the US (and the world) healthcare bill.
Providers have prices capped by CMS (Medicare/Medicaid) and many uninsured individuals just don’t pay. So that leaves the good ol’ American employee based plans to pick up the slack. But this golden egg-laying goose has hit menopause. It wasn’t expected so soon or so dramatically.

Employers are tapped out, so premiums can’t increase appreciably.
Individuals are forced to buy super high deductible plans while avoiding wellness visits and out of pocket costs.
Health insurer shareholders will continue to demand cuts until profits are acceptable.
This last thing is impossible.

This industry is no longer viable.
If you’re under 45 years old, be planning your transition. If you’re 55+, pray you can hang on and save.

For those of you who think single payer provided by Big Daddy Government is the answer. Well, just look around at the challenges those socialist utopias are facing and remember that SOMEONE IS PAYING THE BILL and someone else is trying to work a profit. It’s the same p-o in a different bag.

From my perspective, there is little evidence of meaningful leadership within the organization. The senior management team appears largely aligned around maintaining the status quo rather than addressing the significant challenges the company is facing (all 'Yes' men in key roles).

There seems to be little willingness to communicate candidly with JG about the realities in the marketplace. In many cases, customers have lost confidence in SAS, and a growing number are actively exploring or implementing plans to replace our solutions. This trend is likely to accelerate in the near future.

At the same time, the company lacks a clearly defined competitive strategy and the VIYA platform has not resonated with many customers in the way it was intended. Unless these issues are acknowledged and addressed directly, the gap between leadership’s perception and the market’s reality will continue to widen. Just look at the SAS revenues at being flat or declining and one of our biggest competitors, Databricks, has 60-70% revenue growth and over 100% market valuation Y/Y growth. Not once during the company kick-off meetings did our senior management team even acknowledge the competitive battle we are facing in the marketplace nor was any type of competitive strategy discussed/presented. How is that possible? How can management present a revenue growth plan for SAS when we are clearly losing market share rapidly and there is no competitive strategy to address it?

If SAS were a publicly traded company, the current trajectory would likely invite significant scrutiny from the market and there would be rampant short selling. It's a very sad story playing out in front of so many great employees. I wish I could do more but, unfortunately, no one in power cares to listen.

@ka+1kk76xn44 said it perfectly.

Stock is almost below $38. Piece of cr-p.

As CVX price and bbl go up with the multiple conflicts, will that save us from additional layoffs?
Or is this short term?

Does anyone see any positives or negatives for Shell (besides $100/b oil) with all of the chaos in the ME region?

If you think you have what it takes to make it outside Wells Fargo, you best be looking. Latest survey has just over 60% of US companies saying they plan to reduce workforce numbers in 2026.

Atlantic City's cyclical economy is influenced by broader national trends. Companies nationwide are hiring cautiously and restructuring steadily in 2026. Workers should watch for subtle layoff signals like reduced overtime and slower hiring. Maintaining career leverage through updated skills and market awareness is crucial. Developing side income streams can also provide financial insulation.

https://breakingac.com/news/2026/feb/27/layoffs-and-career-leverage-what-atlantic-city-workers-should-know-in-2026/

Anyone want to guess?

It says all you need to know that, according to the release, the only Atleos exec or offficer being retained is one independent director.

At least Atleos had an option — because that is more than can be said for Voyix, which managed to transition to a software company right when the market gave up on software. Jim Kelly had no doubt been aiming to sell to Global Payments, but that company’s in the toilet too. (The market has given up on any payment companies that isn’t visa or Mastercard.)

The best option for Voyix is probably to go private, because there is no buyer at this point.

NCR should’ve been broken up 15 years ago, when there were buyers for its businesses.

"Skyworks Solutions (SWKS) faces challenges with declining revenue and rising costs" (correct) "but is still positioned to benefit from the growing demand in the radio frequency industry" (really?)
The stock performance speaks for itself, two losers don't make a winner, do they?
https://finance.yahoo.com/quote/SWKS/

The consultant community is advising bp board members that the Band Aid needs to be pulled quickly so bp can transition into a leaner more focused group. Expecting XOM initiatives like PIP and forced rankings to start in 2026.

How will bp employed react and adjust towards new ways of working? Realizing that the job market is abysmal and not really keen on bp skills and experience.

there is a ton of chatter right now about software companies, saas, cloud and company valuations. valuations are dropping fast (e.g., ibm dropped 15% the other day, salesforce is underpressure, snow, etc.)

i am not sure if we fit into any of these categories (or we fit in all of them).

where do you see us 2 yrs from now? on top? the same? falling behind???