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.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
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.
Sumber: cnni - 🏆 326. / 59 Baca lebih lajut »
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.
Sumber: cnni - 🏆 326. / 59 Baca lebih lajut »
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
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »
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.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »