Due to tariffs, major home appliance manufacturers saw a sales dip in Q4 2022 and Q1 2023. Whirlpool Corp and others seek to cut costs amid rising labor and commodity costs.
Saira Malik, Chief Investment Officer of Nuveen Asset Management with $1.1 trillion in assets under management, provides investors a checklist on tech and mining stocks with great potentials to weather any form of recession. Microsoft (MSFT) and ServiceNow (NOW) with their cost-saving tools and rising AI,EVs and semiconductor industry represented by NXP Semiconductors (NXPI) and Freeport-McMoRan (FCX) on renewable energy are her recommended stocks. Nuveen is committed to providing financial guidance for better decision making in challenging times.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?