The boom in the technology industry came to an end in 2022. Pandemic-driven demand started to reverse. Now tech companies are cutting back expenses and laying off employees. With growth names on the decline, investors have turned to other sectors that are known for being more stable and recession-proof, such as consumer staples stocks. Consumer staples stocks tend to fare well in bear markets. After all, the makers of food, beverages, personal products, and so on tend to hold up regardless of ec
It's certainly food for thought.
Tyson Foods Inc (NYSE: TSN) Chief Financial Officer John R. Tyson has reportedly pleaded guilty to charges against him for trespassing. He was arrested back in November for falling asleep in someone else's house in an intoxicated condition. Mr. Tyson has agreed to pay a fine of $150 each on the charges of public intoxication and criminal trespass, the Wall Street Journal reported. Also Read: Tyson Foods CFO Allegedly Gets Drunk, Passes Out In Stranger's Home Tyson had in December refused to plea