Why investors disappointed by mega-cap tech guidance should stay course: UBS - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Investors were disappointed by mega-cap tech guidance last week — but UBS says investors should stay invested and focus on 3 key areas

, Apple, Amazon, and Facebook slid considerably on Friday as investors weighed better than expected earnings reports with tepid and uncertain outlooks for the next quarter.down by as much as 3.4% by Friday afternoon, and Apple, Amazon, and Facebook all fell at least 6%.

Here's what investors should watch out for over the long term in the technology sector, according to UBS.Apple's 5G iPhone lineup should serve as a catalyst for broader 5G adoption, according to UBS. "They've also benefited from increased digitalization and user gains linked to the pandemic. Within China's digital economy space, we like select names in e-commerce, food delivery, travel, search, cloud, data centers, fintech and online entertainment platforms," UBS said.Steven Pesavento quit his 9-to-5 career to pursue real-estate investing full time. Here's how he went from a no-experience tech-head to having flipped over 200 properties in a few years time.

 

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

More good news please(((

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:

 /  🏆 729. in NG

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.

63% of investors have changed their portfolios ahead of the US election, UBS finds - 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. this is terrible news I wonder why... jk I know why; In case Biden wins, investors know market will go in a recession.
Source: BusinessInsider - 🏆 729. / 51 Read more »

UBS offers clients access to private markets with tie-up - 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. thanks for this news
Source: BusinessInsider - 🏆 729. / 51 Read more »

Teladoc reports sky-high Q3 earnings ahead of mega-merger with Livongo - 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. Another Stay-At-Home stock breaking down. $TDOC shares out of favor. Growth out, value in as the vaccine rollout progresses. Watch out below 170. Getting ugly. StayAtHome
Source: BusinessInsider - 🏆 729. / 51 Read more »

Best Hilton Honors credit cards in 2020 - Business Insider - 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 »

Startups run by women of color need money from investors, not empty platitudes - Business Insider'What we don't need is another white person saying 'Yes, Black Lives Matter' or 'our company rejects racism.' What we do need is more investors willing to ask: what can I do to change the way things are actually run?' - Stephanie Lee businessinsider businessinsider Agree, and change things in many ways. Diversity of thought is desperately needed, which comes from people with different backgrounds and expertise. Anti-racism will be a long journey for many people.
Source: Women 2.0 - 🏆 149. / 63 Read more »