Big tech earnings drove a stock market rally. They won't be enough this time

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Mixed results from big tech companies like Microsoft, Alphabet and Meta won't be enough to pull stocks out of their yield-driven rut.

tell an investor that business-to-business spending might be picking back up and declines in cloud spending have bottomed. A peak atGoogle shares sold off about 9% while Microsoft salvaged gains of 3% as a rise in bond yields once again dragged the broader indexes lower and the tech-heavy Nasdaq Composite stock is getting way too cheap to ignore if you're enticed by the more than 7% dividend yield. The post Should You Buy CIBC Stock for its 7.

'A pointless showing of wealth': This New York dad says he refused to pay $200K for his daughter's lavish wedding — and now she won't speak to him. But what should kids reasonably expect? -- A top Bank of Canada official said the central bank has the flexibility to lower interest rates before inflation reaches the 2% target.

With muted growth due to market uncertainty, this top tech stock might be a great addition to your portfolio for when the bull market begins again. The post 1 Tech Stock You’ll Be Glad You Bought When the Bull Market Roars appeared first on The Motley Fool Canada.Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market news today: Nasdaq slides after mixed big tech resultsThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: World shares slide after Wall St rout driven by high yields, mixed earningsBANGKOK (AP) — Shares skidded Thursday in Europe and Asia after Wall Street tumbled as bond yields tightened their chokehold. Germany's DAX fell 1.1% to...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: World shares mixed after China pledges more support for slowing economyBANGKOK (AP) — World shares were mixed Wednesday after China pledged more spending to energize its economy. Benchmarks fell in Paris, Frankfurt, Sydney and...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »