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Simply Wall St

As Capri Holdings Limited’s (NYSE:CPRI) market capitalization fell $267 million, insiders who sold $1.1 million worth of shares were able to recoup their losses

In the past year, insiders have sold $1.1 million worth of Capri Holdings Limited (NYSE: CPRI) at an average price of $60.58 per share, giving them the most for their money. The company’s market value fell by US$267 million over the past week after the stock price fell 3.5%, although insiders were able to play …

As Capri Holdings Limited’s (NYSE:CPRI) market capitalization fell $267 million, insiders who sold $1.1 million worth of shares were able to recoup their losses Read More »

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels Read More »

Warren Buffett's new 13F is out - and he's leaning on these 3 big holdings to fight blank inflation

Warren Buffett’s new 13F is out – and he’s leaning on these 3 big holdings to fight blank inflation

Warren Buffett’s new 13F is out – and he’s leaning on these 3 big holdings to fight blank inflation Price levels are rising. In October, consumer prices in the United States jumped 7.7% from a year ago, compared to 9.1% in June, but still at a worrying level. Soaring inflation has serious consequences for your …

Warren Buffett’s new 13F is out – and he’s leaning on these 3 big holdings to fight blank inflation Read More »