Tech Stocks Slide as Wall Street Eyes Democrat-Controlled Senate

  • 📰 Variety
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Shares of large technology companies including Apple, Google, Amazon and Facebook fell in pre-market trading Wednesday, as the Senate runoff races in Georgia were leaning toward giving Democrats co…

fell in pre-market trading Wednesday, as the Senate runoff races in Georgia were leaning toward giving Democrats control of the chamber — raising concern among investors over the prospect of new regulatory actions against tech giants.

For tech investors, the prospect of a Democrat-controlled Senate — along with a blue majority in the House and Joe Biden in the White House — is “a clear negative,” Wedbush Securities analyst Dan Ives wrote in a research note.

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:

 /  🏆 108. in SG
 

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

xpangler They all look up to me?

Oh, no - Wall Street is scared? Horrors.

good

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Japan stocks set to dip as investors watch tech stocks following Wall Street sell-offThe tech-heavy Nasdaq Composite fell about 2% overnight on Wall Street. Sux Awesome Please donate, share or retweet, help baby Joshua win his fight against acute lymphocytic leukemia (ALL)—blood cancer. He’s relying on the success of chemotherapy & a life-saving stem cell transplant. Please help to give Joshua a fighting chance:
Source: CNBC - 🏆 12. / 72 Read more »

Meme Stocks, NFTs, Tech Rotation Dominate Crazy Quarter on Wall StreetThe first quarter offered no shortage of drama for markets. Meme stocks surged, celebrities dove into SPACs, and a fire sale of stocks saddled some banks with losses, as investors big and small showed no fear of risk-taking. living in pain but never bowed, hated but love is all i have, left behind but still have faith, despised yet standing tall,that's the attitude we iraqi US allies have,please speed up the process of moving us to states, Reactivate SIV Pro
Source: WSJ - 🏆 98. / 63 Read more »

Stocks close lower on Wall Street, led by tech and banksStocks fell for the second straight day Tuesday, giving up more of their recent gains as Wall Street shifts its focus on a busy week of corporate earnings reports.
Source: latimes - 🏆 11. / 82 Read more »

Asia stocks skid as global inflation fears, tech woes hit Wall StreetAsian stocks opened sharply lower on Friday after Wall Street's main indexes tumbled, with technology-related stocks under pressure following a steep rise in benchmark U.S. Treasury yields. More good news please((( Well yeah wean everything is a microchip in everything it’s nuts More good news please(((
Source: Reuters - 🏆 2. / 97 Read more »