Tech Stock Selloff Isn’t Over Yet Because Investors Aren’t Scared Enough
The tech stock selloff might not be over yet. Investors are becoming less greedy on tech stocks but aren’t scared enough.
The tech stock selloff might not be over yet. Investors are becoming less greedy on tech stocks but aren’t scared enough.
Some are starting to downplay the market bubble due to low volatility. However, the 1960s market proves that would be a mistake.
The seemingly unstoppable tech stocks are slowing. Traders fear a slump of FAANG stocks could spoil the 2020 U.S. stock market bull run.
Year-to-date, Nvidia has surged by over 50%, making it one of Nasdaq’s best performers so far in 2020. Nvidia’s revenues increased sharply in the first quarter. Among FAANG stocks only Amazon comes close to Nvidia’s performance. The lockdown measures and the increased number of people working from home have benefited graphics chip maker Nvidia (NASDAQ: … Read more
Elizabeth Warren has the most radical plans to regulate Big Tech of any 2020 presidential candidate. And she’s raking in Silicon Valley cash.
Only a fifth of FAANG stocks appear in the list of 10 best performing stocks of the 21st century. The best-performing stock in the last two decades is not a Silicon Valley wunderkid. Netflix and Apple save the day, however. For years, FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google) have received the adulation of … Read more
Netflix (NFLX) is down nearly 50% from its all-time high of $423.21. Its FAANG peer Apple (AAPL) is doing a lot better as it is only 6% away from the all-time peak of $233.47. However, something tells us that the iPhone maker is likely to follow suit. That’s because these two tech giants have something … Read more
Many investors try to grow their net worth by passively buying shares of blue-chip tech stocks such as Facebook, Apple, Amazon, Netflix, and Alphabet (FAANG). This investment strategy may have yielded significant returns in the last few years. However, it appears that their upside is now limited. In a Bloomberg interview, Mark Stoeckle, chief executive … Read more
The Dow suffered a massive setback on Wednesday after two of its bellwether stocks published grisly earnings reports that raised questions about the health of the market. Dow Stumbles After 177 Point Rally The US stock market stumbled at the opening, thrusting all three major indices toward moderate declines. The Dow Jones Industrial Average fell … Read more
By CCN.com: Goldman Sachs issued a dire warning about U.S. tech stocks last weekend. Their valuation premiums are at historic highs. Add the potential threat of U.S. regulatory interventions, and Goldman sees a bear market ahead for tech. In an investor note Friday, Goldman’s chief U.S. equity strategist, David Kostin, admonished clients about the risks … Read more