FILE PHOTO: Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease continues in the Manhattan borough of New York, U.S., May 27, 2020. REUTERS/Lucas Jackson
The tech-heavy Nasdaq Composite fell 0.5% early Tuesday, while the broad S&P 500 posted small gains, marking the second consecutive day that the Nasdaq underperformed the overall market. Further economic shutdowns in California, which has seen a surge in coronavirus cases, could also weigh on tech and growth stocks, said Spreadex analyst Connor Campbell.
Bubble
Because most of them have never actually made money. They just live off VC float until the creators can offload their shares at wildly inflated prices.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors crowding into the very biggest stocks are betting tech giants can buck market historyNew for subscribers: Investors crowding into the very biggest stocks are betting tech giants can buck market history Check out CNBCPro for a free trial. Pro For all human life! What if the Next 4 months? 88K on Mar to nearly 13M infections in July is 147 times! The only thing we can do is to find the source of the virus and develop vaccines, and this is what the Chinese CCP wants to hide! Time is running out!
Source: CNBC - 🏆 12. / 72 Read more »
Asia Pacific stocks set to trade lower; investors await China's June trade dataStocks in Asia Pacific were set to decline at the Tuesday open, ahead of the release of China's trade data for June.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks set to trade higher as investors shrug off rising coronavirus casesThe World Health Organization on Sunday reported a record daily rise in global coronavirus cases, according to Reuters. Hit them where it hurts $$$$ fed pump Is it Because Asian countries turn out to be handling it better now? Like Taiwan, Japan, South Korea and Taiwan? Plus Vietnam
Source: CNBC - 🏆 12. / 72 Read more »
Tech stocks investing strategy, best trades to hedge collapse: BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Reminds me of the year 2000. Weren’t they demand in year 2000 ? Go tech!
Source: BusinessInsider - 🏆 729. / 51 Read more »
5 things to know before the stock market opens TuesdayShares of JPMorgan Chase gained in the premarket after the banking giant reported quarterly earnings and revenue that beat analyst expectations. Here are 5 things to know before the stock market opens: Wall Street might eventually catch up with Main Streets reality in Q3. It's not going to be pretty. America is broken Trading revenue drives stronger-than-expected quarterly profit - So JPMorgan should be registered as a hedge fund not a bank. It borrows billions from the FED at ridiculously low interests rates then invest in stocks and bonds. How can I get a deal like that Jerome Powell?
Source: CNBC - 🏆 12. / 72 Read more »