Tech Stocks Set to Drop After Facebook Profit Disappoints

Investors await Amazon.com earnings and rate decisions by the European Central Bank and Bank of England

Amateur investors took the stock market by storm a year ago, buying up shares of meme stocks like GameStop and AMC Entertainment. Many remember it as a revolution against Wall Street, but in the end, they largely just lined the pockets of major financial firms. WSJ’s Dion Rabouin explains. Illustration: Sebastian Vega

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Apple suppliers, metaverse and more: JPMorgan names its top Asian tech stocks to buyJPMorgan has struck a more cautious note on Asian tech stocks but believes a number of them will still do well.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Chinese human rights activists back bill to crack down on Big Tech, China app market controlRepublican Sen. Marsha Blackburn and Democrat Sen. Richard Blumenthal have sent a letter to the Senate Judiciary Committee announcing growing bipartisan support for a bill that would rein in the grip that Big Tech and China have on app markets. Lets show our distaste for human rights violations and constant cyber attacks by attending the olympics in their country.
Herkunft: FoxBusiness - 🏆 458. / 53 Weiterlesen »