Tech stocks have been crushed. What's next for the FAANGs? | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

It has been a brutal year for the leading companies of Silicon Valley. Apple’s stock is down about 16% in 2022 — and that makes it the “best” performer of the so-called FAANGs of Big Tech.

The great bull run for tech stocks may finally be over. It has been a brutal year for the leading companies of Silicon Valley. Apple’s\n \n stock is down about 16% in 2022 — and that makes it the “best” performer of the so-called FAANGs of Big Tech. Facebook owner Meta, Amazon\n \n , Netflix\n \n and Google parent Alphabet\n \n have all done far worse, with Meta plunging 66% this year.

Todd Sohn, director and technical strategist at Strategas, noted in a report late last week that when tech stocks imploded in 2000 as the dot-com bubble burst, it wasn’t until after the 2008 financial crisis before tech resumed a role as a market leader. Sohn said tech could be in for another long winter ahead, noting that it’s “reasonable to expect that tech could take a backseat over the next couple of years, while energy, industrials, etc.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

It’s been a brutal year for EVERYONE

Everyone of these companies is associated with the deep state

Thank you apple I appreciate you lol

If you need a bet based on bet builders, scores ,halftime fulltime and three way matches pm cory__1_ and thank me later cory__1_

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

SoftBank Vision Fund faces $100 million loss on FTX investment - Silicon Valley Business JournalOn the same day that FTX filed for bankruptcy, SoftBank revealed how much money it invested in the failing cryptocurrency exchange operator.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »

Why Ampere Computing CEO Renee James is optimimistic amid possible recession - Silicon Valley Business JournalThe former Intel President's chipmaking startup is thriving despite broader industry turmoil.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »

Meta's massive layoffs spark concern over Bay Area economy - Silicon Valley Business JournalBusiness is already slowing at some financial institutions and loan performance is deteriorating.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »

The cities where sky-high wage growth is outpacing inflation - Silicon Valley Business JournalMany employees have received larger-than-normal raises in 2020, but it often hasn't been enough to keep pace with inflation. But there are some exceptions.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »

Jabil plans site closures and 1,000+ temporary layoffs in California - Silicon Valley Business JournalThe global tech manufacturer is briefly suspending more than 1,300 employees in California in connection to the closure of manufacturing facilities in San Jose, Fremont and four other cities.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »

Best practices for pay with Gen Z employees - Silicon Valley Business JournalFor all the talk about flexibility and company values, money still talks for Gen Z — and Gen Z talks about pay a lot more than their predecessors. Here are best practices for companies when it comes to salaries for Gen Z workers.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »