Tagtech stocks

The Tech Stock Meltdown Is Just Getting Started Amid Antitrust Knockout

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FANG, Tech stocks, stock, stock market,

By CCN: We’re halfway to a bear market, at least for tech stocks. On Monday, it was a FANG bloodbath as the tech-heavy NASDAQ index skidded nearly 2 percent lower. It’s now down ten percent from its recent record highs. But don’t rush to buy the dip. Things could get a whole lot worse for the tech sector – and fast. The Game Has Changed Over the past decade, tech stocks...

Tech Analyst’s Crazy $350 Apple Stock Prediction Is Dead Wrong

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Apple stock

By CCN: Even prior to Apple delivering strong earnings that beat estimates, tech stock analyst Gene Munster said that Apple would rise 70% over the next two years. With today’s earnings announcement from Apple, it may initially appear that he’s right. Munster told CNBC: “There’s meaningful upside to the Apple story. I suspect that this year, Apple will be the best-performing FANG stock. I think...

Epic Fail for Google Parent Alphabet: Buy the Dip or Make a Run for It?

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Google, Alphabet stock

By CCN: Quarterly earnings from Alphabet showed alarming advertising growth deceleration as well as declining ad prices. Alphabet’s stock fell $95, or 7.3%, in response in after-hours trading. Does this signal the beginning of the end of the tech stock bull market or the market itself? In one respect, it provides more evidence of both scenarios and investors should be cautious. Meanwhile...