Big Tech’s Disappointing Earnings Erase $200 Billion in Value

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The so-called Magnificent Seven technology companies that have powered this year’s US stock rally are posting disappointing earnings, wiping $200 billion off their market value and threatening to push the S&P 500 into a correction.

Sam Bankman-Fried Testimony Is Trial Climax for FTX Court WatchersBattery Makers Hunt for Graphite Before China Controls Kick InThink Tank Urges US to Get Even Stricter With China Over ChipsSK Hynix Sales Decline Slows in Sign of Recovery for ChipsHyundai’s Profit Beats Estimates on Luxury Car and EV GrowthThe U.S. Fed is failing in four ways: Mohamed A. El-ErianRemote Working Boom Is Huge for College Towns Like KnoxvilleDismal U.S.

GDP report raises the odds of recession this year: Gary ShillingChocolate bunnies can teach us to save our food supplyMarkets are pushing Fed into developing-economy territoryMicrosoft's US$69B Activision deal could be a blunderBitcoin Faces Reality Check if ETF Launches Spark ‘Sell-the-News’ PivotIsrael Latest: US, Saudi Arabia Talk Ways to Stop War ExpandingBitcoin Has More Than Doubled This Year In Unforeseen ResurgenceStock Pickers Face Mixed Bag From First Big Tech EarningsBitcoin...

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
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:

 /  🏆 83. in FR

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.

Stocks rise amid earnings deluge, with big techs to come: Stock market news todayStocks rose as investors await results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

US futures rise amid earnings deluge, with big techs to come: Stock market news todayEyes are on results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports on Tuesday.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »