8-4-2023 – How Layoffs and A.I. Are Impacting Tech Workers
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 5 August 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
Layoffs have hurt workers, but a booming artificial intelligence market is giving the industry a renewed sense of optimism.
Today's Stocks & Topics: Bond Rating Agencies, HON - Honeywell International Inc., CLH - Norwegian Cruise Line Holdings Ltd., JNJ - Johnson & Johnson Split, BWA - BorgWarner Inc., Best Investment Options, CRM - Salesforce Inc., Tesla.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:08.9 | Justin Klein and Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.1 | and share their unbiased answers. |
| 0:17.6 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving |
| 0:23.2 | clients throughout the United States. |
| 0:26.1 | The clarity for your path forward starts now. |
| 0:30.5 | Here is KPP Financial President, financial advisor Steve Peasley. |
| 0:35.7 | Good afternoon everybody and welcome to Invest Talk. |
| 0:41.2 | It is Friday, August 4, 2023 and we've just completed the first month of the third quarter |
| 0:49.5 | and we're moving into August. |
| 0:52.3 | You know, this is the first week that the market has been bad. |
| 0:57.5 | We didn't have an up week in the Dow this week, which was interesting or the NASA, I think. |
| 1:04.3 | And it only feels like time is moving fast, but to me, it moves very fast. |
| 1:09.1 | I'm Steve Peasley, I'm here today to help you become a better investor. |
| 1:12.4 | That's my goal. |
| 1:14.2 | Me and Justin try to answer your questions to try to give you data and information and |
| 1:18.0 | perspective on the market, the economy. |
| 1:21.7 | What's going on and all we can do is provide the information that you ask for and we will |
| 1:27.1 | do that. |
| 1:28.1 | We've done, you know, we've had many, many years. |
| 1:31.0 | I've had over 50 years, 50 years, I would say, yeah, 50 years for me of an investment |
| 1:38.1 | experience. |
... |
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