Global tech shares gyrate after earnings disappoint, yen tumbles

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Global shares subdued after US tech earnings disappoint

due at the close of trading on Friday would also cause some "quirky price action" in tech mega-caps, Spencer said.reduce its heavy weightings of tech giants like Microsoft and Apple - may exacerbate moves in these stocks during the ongoing earnings season, Spencer added. But he also predicted that ever-optimistic tech investors would use sustained price weakness as a "chance to reload.

"Markets were building up expectations which now look unlikely to play out," said Guillaume Paillat, a multi-asset manager at Aviva Investors.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s Scientists Receive the 2023 Global Energy Prize - IT News Africa | Business Technology, Telecoms and Startup NewsThe 2023 Global Energy Prize presented by the Global Energy Association recipients are Chinese scientists AI IoT Nanoenergy
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

Global shares subdued after US tech earnings disappointGlobal stocks were subdued on Friday after earnings reports from Tesla and Netflix failed to dazzle and ahead of an action-packed week for central bank interest rate decisions.
Source: ReutersAfrica - 🏆 31. / 53 Read more »