US tech layoffs are exploding again ๐ฅ
38,242 cuts in May โ biggest month since Aug 2024. Year-to-date, tech layoffs up 66% vs last year, now at 123,653. That's 3x more than any other industry.
AI is the main reason for the 3rd month straight โ 38,579 cuts blamed on AI i
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Heads up: The Unusual Whales Livestream is officially back! ๐
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@The_RockTrading Hmm, volume drop could just be consolidation before earnings, or maybe traders are sitting on the sidelines. Not sure it's a red flag yet.