Big Tech stocks add $291 billion in market value in one day

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Shares of Amazon, Tesla, Microsoft, Apple, Alphabet, Facebook and Netflix popped Monday, adding $291.66 billion in combined market valuation.

Tech stocks have been among the top performers during the Covid-19 pandemic, with many reaching all-time highs in recent weeks despite a broad economic downturn across the globe.stock rose 7.93% after a Goldman Sachs analyst hiked his price target to $3,800 per share, which ties it for the highest target on Wall Street. The company added $116.92 billion in market valuation Monday, bringing Amazon's market capitalization to $1.59 trillion.

stock also rose 9.47%, as investors prepare for the company's June earnings later this Wednesday, adding $26.36 billion

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amazing chart:

Buy put options and gold

aihsan_goker

GurayMollaoglu

TXWestCapital 100% from the multi trillion dollar stimulus package. Be sure to thank Trump JeffBezos

TXWestCapital Let me complete the sentence 'out of thin air'

subble07 His new girlfriend is dressing him like a Telemundo weatherman.

Imagine the gains possible if the US plunged into depression? Nasdaq would go through the roof.

ONE DAY! This is all federalreserve. Now. How’s the economy doing?

Who is still working?

Potential bubble?

Because the analyst weren’t bullish enough! Now the hope is that with the vaccine that was released in 2009 and people getting pay increases to return back to their old jobs, they are just gonna by

Something smells.

Hoooooooooooow ? Woooooooooooow.

OUR 401K CORONAVIRUS COVID19 PANDEMIC STOCKS PORTFOLIO ON FIRE ... WITH OR WITHOUT LOCKDOWN

I done that too Not the Market!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stock futures inch higher ahead of big earnings weekU.S. stock index futures inched up late Sunday as the Dow and S&P 500 look to notch a fourth straight week of gains as earnings season kicks into gear. As of... Short every earnings play and make money
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stock futures retreat ahead of big earnings weekU.S. stock index futures gave up early gains late Sunday as the Dow and S&P 500 look to notch a fourth straight week of gains as earnings season kicks into... Why though?
Source: MarketWatch - 🏆 3. / 97 Read more »