What to watch today: Nasdaq set to fall as tech stocks slump on rising bond yields

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Nasdaq futures fell Friday, one day after the tech-heavy index soared 2.5%. Dow and S&P 500 futures were mixed after Thursday's record high closes.

beat forecasts on both the top and bottom lines in its latest quarterly earnings report, even though the resort operator was forced to operate at reduced capacity due to the pandemic. Vail said visitation trends improved throughout the quarter. Shares surged 9.7% premarket. beat estimates by 15 cents with an adjusted quarterly profit of 37 cents per share, and the electronic signature company's revenue was also above analysts' forecasts.

is facing a possibly record fine from China antitrust regulators, according to The Wall Street Journal. The paper said the fine could exceed the $975 million that chipmaker Qualcomm paid in 2015, as regulators push Alibaba to disassociate itself from founder Jack Ma and to align itself more closely with the Communist Party. The e-commerce giant's shares fell 2.1% in premarket action.

 

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WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!

Funny how bond yields were never an issue until the GameStop thing happened. Hedge funds directing CNBC to manipulate the markets through irrational fear so they can hurt smaller investors

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