US stocks are climbing and second-quarter corporate earnings are coming in strong . Investors on Wall Street are optimistic. Across the country, in Silicon Valley, the situation isn’t quite as good. The tech titans like Apple, Amazon, Alphabet and Microsoft are doing just fine – but their younger startup siblings are struggling to stay afloat.
That means there are a lot of startups worth a lot of money on paper, but they’re worried that if they try to cash out they’ll come up short of that number. Why it’s happening: Blame the Fed, as per usual. Higher interest rates to fight inflation “is one of the clearest symbols of change in the market,” said the report. The current federal funds rate is at its highest level since July of 2007.
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:
France Dernières Nouvelles, France 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.
More stimulus 'desperately' needed as China's economic recovery slows further | CNN BusinessChina’s economy expanded by 6.3% in the second quarter from a year ago because of a low base, the National Bureau of Statistics said on Monday, with momentum slowing following a strong reopening in the first quarter.
La source: cnni - 🏆 326. / 59 Lire la suite »
Russia seizes control of Danone, Carlsberg assets | CNN BusinessMoscow has seized control of the Russian subsidiaries of French yogurt maker Danone and Danish brewer Carlsberg, highlighting risks facing foreign firms that continue to do business in the country.
La source: cnni - 🏆 326. / 59 Lire la suite »
Tickets for Messi's US debut cost as much as $110,000 | CNN BusinessTickets for Messi's expected first match for Inter Miami in the Leagues Cup are selling as much $110,000
La source: CNN - 🏆 4. / 95 Lire la suite »
Bulls and bears are locked in a battle for Wall Street | CNN BusinessBulls and bears have always engaged in battle on Wall Street. But the divide between so-called “bulls” and “bears” — optimistic investors who forecast rising stock prices and pessimistic investors who expect declining stock prices — is growing wider.
La source: CNN - 🏆 4. / 95 Lire la suite »