Tech earnings could determine whether sell-off is routine pullback or leadership crisis for stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Friday ended the Nasdaq's longest-ever streak without back-to-back daily declines at 49 sessions, one longer than the prior record from 1979.

Amazon, Apple and Facebook have all backed off between 7% and 10% from their recent highs into their earnings reports this week.The Wall Street Bull is seen during Covid-19 pandemic in New York, on May 26, 2020.The stock-market debate lately has taken place largely from the extremes.

Market skeptics look at the same market and see the year 2000 — one of the worst entry points for stocks in history — with extreme concentration of value in a few expensive tech stocks and a rush of novice at-home speculators whipping long-shot stocks into a froth.

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:

 /  🏆 12. in NG
 

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

Earnings aren't the problem, valuations relative to earnings is the problem.

Rotate into big oil. Keep it under yer hat until we're all in.

💰💰

No problem without solution. Great spiritual medium seeing healer consulting past and present. Return of love - Enchantment of love, Cured sexual weaknesses, premature ejaculations - Won the lawsuits, Want to have a child, ect .. whatsapp: +33756832440, Thank you

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Next stock market crash: Goldman warns of risks in Big Tech companies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Big Tech antitrust hearing: Apple to defend App Store - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bay Area tech workers say they'd move if working from home full-time - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No thank you. You can keep all your foreign workers in California I like where tech is heading JSpringer20
Source: BusinessInsider - 🏆 729. / 51 Read more »

Investors are bullish on tech startups' ability to fix income gaps - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »