Investors have been fleeing Big Tech for 'old economy' stocks. Here’s what it means for our holdings

The world's biggest technology companies, once the darlings of Wall Street, have lost roughly $3 trillion combined in market capitalization over the past year. Remarkably, that's after the tech-heavy Nasdaq composite surged more than 7% in Thursday's biggest market surge in two years on a cooler-than-expected, but still high, consumer price index.

The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.The world's biggest technology companies, once the darlings of Wall Street, have lost roughly $3 trillion combined in market capitalization over the past year. Remarkably, that's after the tech-heavy Nasdaq composite surged more than 7% in Thursday's biggest market surge in two years on a cooler-than-expected, but still high, consumer price index.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Layoff tracker: Mass layoffs by tech companies big and small hit the Bay AreaMeta, Twitter, Stripe, Robinhood, Lyft, Netflix. Here's an overview of Bay Area tech companies that have recently executed a mass layoff.
출처: abc7newsbayarea - 🏆 529. / 51 더 많은 것을 읽으십시오 »

Private companies to face revaluation cuts next year, executive at big tech investor warnsTech investor Baillie Gifford has warned of a tough 2023 for private companies as the market has not felt the "gravitational force" of higher...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Big Tech Companies Lay Off Thousands of WorkersOne after another, big tech companies laid off thousands of workers in recent months. See potential bias and similarities in coverage from CNBC, CNNBusiness and FoxBusiness: TechLayoffs Economy
출처: AllSidesNow - 🏆 572. / 51 더 많은 것을 읽으십시오 »