Big 6 tech stocks downgraded by UBS on 'collapsing' earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Tech Stocks News

Jonathan Golub,Alphabet

UBS Chief Investment US Equity Strategist Jonathan Golub downgraded the 'Big Six' tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia ...

) — from Overweight to Neutral citing"difficult comps and cyclical forces weighing on these stocks." In addition, Golub claims that the monumental earnings that catapulted these companies are"collapsing."joins Market Domination to break down UBS' call on the majority of the Magnificent Seven tech leaders and what Golub forecasts for the tech sector in his note to investors.

Retirement is the period in your life when many focus on family and the things you weren't able to do while you were busy with your career. As such, you'll want to optimize your financial well-being...Red Lobster is seeking advice from a law firm on whether to file for Chapter 11 bankruptcy following a difficult few years for the chain.Tesla has been the most valuable car company on earth for about 1,400 days. Its reign could come to an end.

If You’d Invested $5,000 in Brookfield Renewable Partners Stock in 2023, This Is How Much You Would Have Today

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:

 /  🏆 47. 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.

Profit momentum of Big Six tech companies to 'collapse' over 2024, UBS saysProfit growth momentum of the so-called Big Six technology stocks could 'collapse' over the next few quarters, UBS Global Research strategists said on Monday...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Profit momentum of Big Six tech companies to 'collapse' over 2024, UBS saysProfit growth momentum of the so-called Big Six technology stocks could 'collapse' over the next few quarters, UBS Global Research strategists said on Monday...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Oil stock outperformance to continue, says Morgan Stanley chief investment officerDaily roundup of research and analysis from the The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »

Ottawa’s new EV tax credit raises hope of big new Honda investmentThe proposed measure would provide companies with a 10-per-cent rebate on the costs of constructing new buildings to be used in the electric-vehicle supply chain
Source: globebusiness - 🏆 31. / 66 Read more »