Monday, October 7, 2024

Resort Womens RECCO® Insulated Ski Jacket

Here is the link. 

Our Resort Womens Recco Padded Ski Jacket will keep you warm and protected on the mountains. It boasts a water-resistant outer with softshell stretchy side panels, soft padding, a detachable snow skirt, adjustable hood, hem and cuff, as well as multiple pockets, including a lift pass pocket.

  • Water-resistant - Treated with Durable Water Repellent (DWR), droplets will bead and roll off the fabric. Light rain, or limited exposure to rain
  • Snow Proof - Treated with Durable Water Repellent (DWR), suitable in packed snow
  • IsoTherm - Densely packed fibres to retain heat & warmth without adding bulk
  • Recco® Reflectors - Advanced rescue technology, RECCO® Reflectors bounce back location information in case of an avalanche
  • Thermal Tested -30°C (-22 °F) - Laboratory tested. Health & physical activity, exposure time & perspiration will affect performance & comfort
  • Breathable - The fabric allows perspiration to pass out of the garment, keeping you cool and comfortable. Rated at 5,000g
  • Adjustable Hood - Easily adjusted for the perfect fit
  • Adjustable Cuffs - Easily adjustable for a perfect fit

Fabric Composition

Bonded fabric face: Polyamide 78%, Elastane 22%, Bonded fabric backing: Polyester 100%, Contrast fabric: Polyester 100%, Lining: Polyester 100%, Filling: Polyester 100%, Cuff: Polyamide 84%, Elastane 16%

Key Features

  • WATER RESISTANT
  • THERMAL TESTED -30 DEGREES
  • SNOWPROOF

The 6 Best Ski Jackets for Women of 2024

 RECCO Reflector

Here is the article. 

This feature is a growing trend and is becoming an industry standard for all ski jackets. If you are caught in an in-bounds avalanche, the RECCO system could potentially aid ski patrol in finding you faster. The Arc'teryx Sentinel, the Patagonia Powder Town, and the Helly Hansen Powderqueen 3.0 and Alphelia Lifaloft all have a RECCO reflector.

The Norrona Lofoten is the only jacket in this review with a “Rescue Pocket.” This pocket is not actually a pocket but more a vent in the chest with a mesh backer velcroed to the body of the jacket. The intention is to reach a transceiver on a body harness beneath your shell without having to undo a chest strap on a backpack or fully unzip your jacket. When practiced extensively, this innovative feature could improve efficiency in a search. Our only warning would be not to use it as a real pocket.

亚马逊被曝将裁员 1.4 万管理人员,每年节省约 30 亿美元

 亚马逊被曝将裁员 1.4 万管理人员,每年节省约 30 亿美元

来源:IT之家

IT之家 10 月 6 日消息,据摩根士丹利报告称,亚马逊计划在明年初之前裁减 14,000 个管理职位,从而每年节省约 30 亿美元(IT之家备注:当前约 211.7 亿元人民币)。

报告称,该举措是亚马逊 CEO 安迪・贾西(Andy Jassy)提出战略的一部分,该战略旨在通过到 2025 年 3 月,将个人贡献者与经理的比例提高至少 15% 来提高运营效率。

贾西强调了培育一种以紧迫感、责任感、快速决策、足智多谋、节俭和协作为特征的文化重要性,目标是将亚马逊定位为全球最大的初创公司。

报告还提到,贾西推出了一条“官僚举报热线”,允许员工举报妨碍他们工作的不必要程序。

摩根士丹利估计,此次裁员可能会使亚马逊在全球的经理人数从约 105,770 人减少至约 91,936 人,因为每位经理的估计年度成本在 20 万美元到 35 万美元(当前约 141.1 万元到 247 万元人民币)之间,这样可以每年节省 21 亿美元到 36 亿美元(当前约 148.19 亿元到 254.04 亿元人民币),约占亚马逊 2025 年预计运营利润的 3% 至 5%。

报告表示,亚马逊承认最近扩大了管理队伍,该公司尚未具体说明任何明确的裁员计划。此次重组旨在简化运营并最大限度地减少官僚障碍,有可能通过重新分配而不是直接裁员来实现预期的比率变化。

与此同时,亚马逊宣布计划从明年 1 月开始要求员工全职(每周五天)返回办公室。

The death of middle management? Why the roles are under fire.

Here is the article. 

By Andy Medici – Senior Reporter, The Playbook, The Business Journals

Tech giant Amazon.com Inc. is aiming to become faster and cut out busywork — and it’s targeting the middle manager to do so.

CEO Andy Jassy said in a blog post that, as the company has grown substantially, it has added a lot of managers and layers.

That's come with more bureaucracy, too, including "pre-meetings for the pre-meetings for the decision meetings," Jassy said. 

In response, Jassy is asking each group within the company to increase the ratio of so-called “individual contributors” to managers by at least 15% by the end of the first quarter of 2025.

“If we do this work well, it will increase our teammates’ ability to move fast, clarify and invigorate their sense of ownership, drive decision-making closer to the front lines where it most impacts customers (and the business), decrease bureaucracy, and strengthen our organizations’ ability to make customers’ lives better and easier every day,” Jassy said.

Amazon is not alone. Pharmaceutical giant Bayer AG said in late 2023 it was aiming to cut management jobs as a preclude to a wider overhaul while United Parcel Service Inc. announced 12,000 job cuts earlier this year, with eliminations mostly in management. And in 2023, as front-line workers were stressed about layoffs and job cuts, about 50% of all observed layoffs were at the manager or executive levels, according to Live Data Technologies. That's up substantially from previous years.

Experts say years of hiring and the evolution of technology are forcing a shift in the role of the middle manager, and how those positions will fit into a rapidly-changing workplace.

“Amazon’s decision to cut middle management speaks to a larger truth: many organizations are realizing that bloated layers of management slow innovation and stifle agility,” said Steve Taplin, CEO of software-outsourcing firm Sonatafy Technology. “It’s not just a tech issue — industries like higher education, health care and government are equally bogged down by too many managers and not enough action.”

He said the reality is that everyone in an organization needs to be a contributor, not just a manager of people. Ultimately, it’s not just about cutting costs, it’s about driving results and fostering a culture of accountability in a market where speed and innovation matter more than ever. 

“If someone’s role is just to manage processes and not directly move the needle, that’s where inefficiencies creep in,” Taplin said. “Companies that embrace this will stay competitive. Those that don't will find themselves stuck in the mud while the market races ahead.”

Bill Catlette, a partner at leadership and advisory firm Contented Cow Partners, said one issue of middle management is how companies hire and train managers. The average tenure of managers has shrunk to about six years, leading to fewer seasoned managers able to provide valuable leadership and guidance when necessary to their teams.

More-seasoned managers require less supervision but companies that hire less-experienced managers — often to save on costs — need to be able to augment and build their skills over time.

“Irrespective of the organization, my strong sense, after decades of business-leadership experience, is that most people in corporate America today are 'over-supervised and under-led' and thus [require] a higher 'leader-follower ratio,'” Catlette said. 

Role of middle manager has changed with technology

Middle management is an artifact of the 1950s and 1960s, as the modern office rapidly came into being, said Naeem Zafar, former CEO and CEO coach, who teaches entrepreneurship at UC Berkeley Haas School of Business and Northeastern University. Upper management needed insight into their workers, so middle managers would engage in the labor-intensive task of collecting data and presenting it to top executives.

But in recent decades, software has grown to be able to track worker productivity and collect much of that data needed, leaving managers mostly to physically supervise.

“The role of middle managers will not disappear completely but will be drastically reduced,” Zafar said. “Their main goal will shift to mentoring and coaching frontline staff and frontline managers, ensuring their ideas are heard by upper management. However, we don't need as many middle managers to accomplish this.”

This is not just a tech-industry issue, he said. Others, such as health care, construction, finance, retail, consulting and agriculture, will follow, he added.

“But this trend is very strong, highly cost effective and comes with numerous other benefits. It's a wave that cannot be stopped,” Zafar said. “It's a tsunami heading our way.”

Jamie Aitken, vice president of HR transformation at performance-enablement platform Betterworks, said cutting deeply into middle management could end up being detrimental to employee morale and engagement.

“Without the support and direction of experienced managers, employees may struggle with clarity, direction and professional growth, which can ultimately impact the organization’s success and business outcomes,” Aitken said.

Aitken said middle managers are not merely administrative layers within a company, but provide guidance, support and motivation critical to maintaining a productive workforce.

“The benefits of investing in the development of managers — by providing them with the right tools and technology — are far greater than simply eliminating them,” Aitken said.

Meanwhile, managers who are keen to replace workers with generative AI tools or find ways to cut labor costs have also expressed concern those same tools could be used to cut their own pay or eliminate their own jobs. About 50% of managers surveyed by Beautiful.AI in 2023 said they believed artificial-intelligence tools could result in lower pay for managers, while 64% of managers said AI’s output and productivity was equal to the level of experienced managers and could potentially become better than the output of human managers altogether.


Top 10 rated U.S. value stocks per SA quant metrics

Sunday, October 6, 2024

SABR stock | W chart | Oct. 6 2024

 





How Nvidia Grew From Gaming To A.I. Giant, Now Powering ChatGPT

Here is the link.

Thirty years ago, Taiwan immigrant Jensen Huang founded Nvidia with the dream of revolutionizing PCs and gaming with 3D graphics. In 1999, after laying off the majority of workers and nearly going bankrupt, the company succeeded when it launched what it claims as the world’s first Graphics Processing Unit (GPU). Then Jensen bet the company on something entirely different: AI. Now, that bet is paying off in a big way as Nvidia’s A100 chips quickly become the coveted training engines for ChatGPT and other generative AI. But as the chip shortage eases, other chip giants like Intel are struggling. And with all it’s chips made by TSMC in Taiwan, Nvidia remains vulnerable to mounting U.S.-China trade tensions. We went to Nvidia’s Silicon Valley, California, headquarters to talk with Huang and get a behind-the scenes-look at the chips powering gaming and the AI boom. Chapters: 02:04 — Chapter 1: Popularizing the GPU 07:02 — Chapter 2: From graphics to AI and ChatGPT 11:52 — Chapter 3: Geopolitics and other concerns 14:31 — Chapter 4: Amazon, autonomous cars and beyond Produced and shot by: Katie Tarasov Edited by: Evan Lee Miller Additional Camera: Andrew Evers Supervising Producer: Jeniece Pettitt Graphics by: Jason Reginato

Why The World Relies On ASML For Machines That Print Chips

CBC | B.C. man sues RBC after earning then losing $415M on Tesla stocks

 

Christopher DeVocht says he grew $88K into $415M before losing everything due to bad financial advice


Karin Larsen · CBC News · 

加拿大男子靠特斯拉股票赚$4.15亿 瞬间亏光破产

Here is the article. 

温哥华港湾(BCbay.com)贝壳编译报道:加拿大BC省苏克市(Sooke)的一名木匠Christopher DeVocht通过投资特斯拉股票,将8.8万加元变成了4.15亿加元,但很快就损失殆尽,他目前已对加拿大皇家银行(RBC)和一家会计师事务所提起诉讼。

DeVocht声称,RBC Dominion证券公司、RBC财富管理金融服务公司和Grant Thornton LLP违反了合同,存在失职行为,并且提供了“错误的建议”,导致他破产。

根据DeVocht向BC省最高法院提交的诉讼,DeVocht原本是一名小型兼职投资者,投资组合主要由特斯拉公司的股票和衍生品组成,2019年底时价值为8.8万加元。

“随着特斯拉股票的价值在此期间迅速增长,DeVocht先生继续将他所有的资金和投资收益用于购买特斯拉股票的看跌期权和看涨期权,”诉状中称。

到2020年2月底,他的证券投资组合的估计价值约为550万加元。到2020年6月底,他30岁时,该投资组合的估值约为2600万加元,并且还在迅速上涨。”

诉状称,DeVocht想要搬离租住的公寓并购买住宅。于是他联系了RBC私人银行的代表,咨询以RBC交易账户中的资产作为抵押申请贷款的事宜,并被介绍给了RBC的一名理财顾问。他随后与RBC签订了财务规划咨询协议。

此时,他的投资组合价值已接近5,000万加元。

诉状称,RBC的顾问未能理解和支持DeVocht不断变化的愿望,即通过清算其特斯拉期权并将财富转移到可产生被动收入的安全投资中,从而 “基本退休”。

根据诉状,DeVocht被提供了一个RBC保证金账户,使他可以轻松借钱进行交易。他还被介绍给了Grant Thornton LLP的一名税务顾问。

到2021年4月,DeVocht的净资产已增长至1.86亿加元。据诉状称,到同年11月,他的证券投资组合价值达到4.15亿加元。

诉状称,DeVocht曾两次被建议向RBC慈善基金捐款以获得慈善税收抵免,分别在2020年12月捐赠了约850万加元,2021年又捐赠了1,700万加元。

到2022年10月,特斯拉股票急剧下跌,DeVocht的投资控股公司被迫出售股票以偿还其RBC保证金账户的贷款。

“最终,原告的证券持有变得一文不值,”诉状中写道。

“如果不是被告的建议不当……原告本可以保留其大部分财富,并实施不会导致全部净资产损失的财务规划。”

目前,所有被告均未提交答辩状。



Inside Intel’s Bold $26 Billion U.S. Plan To Regain Chip Dominance

Here is the link. 

For decades, Intel was the leading maker of the world’s most advanced chips. Intel’s history is interwoven with that of Silicon Valley, credited with the invention of RAM and microprocessors, the building blocks of modern computing. Now Intel has fallen behind. But its new CEO, Pat Gelsinger, has a bold plan to catch up to Samsung and TSMC by 2025, by building new chip fabrication plants in the U.S., Europe and Israel totaling more than $44 billion. CNBC got an exclusive tour at the fab expansion outside Portland, Oregon, that’s set to open early next year. The world’s smallest and most-efficient chips are usually referred to as 5 nanometer, a nomenclature that once referred to the width of transistors on the chip. They power cutting-edge data processing and the latest generation of Apple iPhones. TSMC and Samsung make all of these 5-nanometer chips at fabs in Asia. “They took their eye off the ball,” said Stacy Rasgon, an analyst at Bernstein. “Once you fall off the treadmill, it’s really really difficult to get back on. It’s a very dynamic and fast-moving industry.” In 1990, 37% of the world’s semiconductors were made in the U.S., according to industry association Semi. Last year, U.S. market share was down to 12%, according to the association. The government is hoping to change that with the CHIPS Act, which includes a proposed $52 billion in subsidies for chip companies like Intel that commit to manufacturing in the U.S. “It also starts building up that base within the United States, so that the United States can become more self-sufficient,” said Ann Kelleher, Intel’s senior vice president of technology development . TSMC is responsible for 92% of the world’s 5-nanometer chips, according to research group Capital Economics. This leaves the global chip supply vulnerable to natural disasters like earthquakes and the region’s current drought. There’s also the escalating geopolitical tension between China and Taiwan, as well as the U.S.-China trade war. “Every aspect of defense, intelligence, government operations is becoming more digital,” Gelsinger said. “And we want to rely on foreign technology for those critical aspects of our defense and national security? I don’t think so.” The next steps in Intel’s playbook include a chip so efficient that the company didn’t measure it in nanometers but with an even smaller unit of measurement called the angstrom. Intel said the 18a, which is in development for 2025, will accelerate the company past its competitors. “We will be the world’s largest integrated design and manufacturer of silicon for the long term,” Gelsinger said. “It’s a tall order and it is not my expectation that he will hit that,” Susquehanna’s Rolland said. “But if he could hit that timetable, it would put them back, in my opinion, on par with TSM head to head.”


Invesco Aerospace & Defense ETF (PPA) NYSEArca - Nasdaq Real Time Price. Currency in USD

  1.  RTX
  2. LMT
  3. GE
  4. BA
  5. NOC
  6. GD
  7. HON
  8. HWM
  9. LHX
  10. PH

Friday, October 4, 2024

Tradingview.com | Fractal Break Imbalance / Fair Value Gap (FVG) / Liquidity Void

Here is the link. 

https://www.tradingview.com/v/q67i2j7X/

 May 11, 2022

Fractal Break Imbalance / Fair Value Gap (FVG) / Liquidity Void

Order imbalances in either direction, either excess buy or sell orders, reduce liquidity. The market will seek to fill gaps sooner or later. The script marks an imbalance / FVG after a fractal break. It also marks any other imbalance.

Default Colours:

Green - Imbalance after fractal break to the upside
Red - Imbalance after fractal break to the downside
Yellow - Other imbalances

How To Use:

Gaps can be used to determine possible entries and targets. Those familiar with liquidity raids, supply and demand, and ICT concepts may realise it's potential.