Tech stocks are on their longest losing streak since Trump was elected
5 years, 5 months ago

Tech stocks are on their longest losing streak since Trump was elected

CNN  

New York CNN Business — The escalating US-China trade war is crushing the stocks of technology companies. The Nasdaq plunged 3.5% Monday, posting its sixth-straight down day — the longest losing streak since a nine-day declne in late October and early November 2016, just before President Donald Trump’s election as president. Trade tension with China is having an outsized impact on the the tech sector, and the latest tariffs Trump threatened would hit tech particularly hard. But trade is not the only reason why several big tech companies have been falling lately. And then there’s Amazon, one of several big tech companies that are being scrutinized by US regulators — who may seek to break up or fine Amazon and other big tech firms such as Facebook, Apple and Google owner Alphabet.

China Tech Trump  companies  sector  trump  big  trade  losing  stocks  elected  tech  china  amazon  longest  streak

History of this topic

Stock market today: Losses for Big Tech pull US indexes lower
1 month, 1 week ago

Stock market today: Losses for Big Tech pull US indexes lower

Associated Press  

Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week. Several personal computer makers also helped pull the market lower following their latest earnings reports. AP AUDIO: Stock market today: Wall Street wavers as Big Tech stocks fall AP correspondent Seth Sutel reports on the latest market movements. The …

Losses for Big Tech pull U.S. stock indexes lower
1 month, 1 week ago

Losses for Big Tech pull U.S. stock indexes lower

LA Times  

The Standard & Poor’s 500 fell 0.4%, even though more stocks in the index notched gains than ended lower. Technology stocks helped pull stocks lower Wednesday on Wall Street, handing the market its first loss in more than a week. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls …

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap
1 month, 2 weeks ago

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap

Live Mint  

-- It’s shaping up to be a good week for blue-chip and small-cap stocks which led Friday’s advance as this year’s big tech winners struggled to gain ground. The dollar rose, on course for an eighth straight week of gains, the currency’s longest run of the year, while Bitcoin set an all-time high in its race toward the $100,000 mark. …

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
2 months, 1 week ago

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

LA Times  

Rallying technology stocks sent the Nasdaq composite index to a record on Tuesday, but trading was mixed elsewhere on Wall Street as home builders and Ford Motor sank after the latest profit reports. The S&P 500 rose 0.2%, inching closer to its all-time high set earlier this month, even though most of the stocks in the index fell for the …

Stocks tank as economic slowdown fears mount and tech companies disappoint
4 months ago

Stocks tank as economic slowdown fears mount and tech companies disappoint

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Wall Street took a …

Nvidia's forecast dampens AI enthusiasm in other tech stocks
4 months, 1 week ago

Nvidia's forecast dampens AI enthusiasm in other tech stocks

The Hindu  

Nvidia dragged technology heavyweights lower after the chip maker's earnings disappointed investors who had been hoping they would fuel fresh gains in Wall Street's most valuable companies, and sent stocks in Asia down on Thursday. Nasdaq futures initially dropped about 1% following Nvidia's quarterly earnings report late Wednesday, suggesting traders expected tech stocks to lose ground. Nvidia dropped almost 7% …

Tech bubble fears grow as Nvidia shares slump
4 months, 1 week ago

Tech bubble fears grow as Nvidia shares slump

The Telegraph  

Nvidia’s stock dropped sharply last night despite the chipmaker more than doubling sales to a record $30bn in a reaction that will fuel fears of a tech bubble. Jensen Huang, founder and chief executive of the company, said on Wednesday night: “Nvidia achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with …

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
4 months, 2 weeks ago

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

Associated Press  

The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street. The stock market is coming off a two-week winning streak that’s helped keep the S&P 500 and Dow within striking distance of notching new highs. Monday’s mixed market finish …

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google
5 months ago

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google

Hindustan Times  

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “This is an amazing about-face, like we’ve crashed into a brick wall,” said Bill Stone, chief …

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
5 months, 2 weeks ago

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Associated Press  

BANGKOK — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains. That followed a split Thursday on Wall Street, where general stocks and other formerly downtrodden areas of the market rose while superstar Big Tech stocks gave back more of their stellar gains. Tokyo’s core consumer price index rose 2.2% …

Nasdaq sees biggest drop in 2 years as tech earnings spark selloff
5 months, 2 weeks ago

Nasdaq sees biggest drop in 2 years as tech earnings spark selloff

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Major stocks fell dramatically …

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
5 months, 3 weeks ago

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions

Associated Press  

Asian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark fell more than 2% as investors remained wary over China’s plans for helping its ailing property sector. AP AUDIO: Stock market today: More drops for big tech stocks keep dragging Wall Street lower AP business correspondent Seth Sutel has the AP …

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally
5 months, 3 weeks ago

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares were mostly lower …

Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook
5 months, 3 weeks ago

Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook

Live Mint  

US technology and semiconductor chipmaking stocks fell from their all-time high levels after concerns over tougher restrictions on global chip sales to China spurred a stock rout on Wednesday, July 17. The tech-heavy Nasdaq slumped nearly two per cent to hit a two-week low, accompanied by losses on the S&P 500, as major chip and tech stocks were pressured by …

Stock market today: Asian stocks mostly fall as Chinese shares skid despite moves to help markets
11 months ago

Stock market today: Asian stocks mostly fall as Chinese shares skid despite moves to help markets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. On Friday, Big Tech stocks …

Stock market today: Asian stocks are mixed after Wall Street slips to its worst loss in 4 months
11 months, 1 week ago

Stock market today: Asian stocks are mixed after Wall Street slips to its worst loss in 4 months

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Wall Street drops as Apple, Tesla weigh on indexes
2 years ago

Wall Street drops as Apple, Tesla weigh on indexes

Live Mint  

Wall Street's main indexes fell on the first trading day of the year following declines in Apple and energy stocks, with investors awaiting the Federal Reserve's meeting minutes for further clarity on the path of future interest rate hikes. Most of the major S&P 500 sectors were in the red, with information technology stocks pulled lower by a 3% drop …

Nasdaq falls as US export controls on China weigh on chip stocks
2 years, 2 months ago

Nasdaq falls as US export controls on China weigh on chip stocks

Live Mint  

The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China's semiconductor industry, while caution reigned ahead of the start of the earnings season. The Philadelphia SE Semiconductor index tumbled 3.5% to also touch a two-year low, after the Biden administration published a set of export controls on Friday, including a measure …

US STOCKS-Nasdaq falls as U.S. export controls on China...
2 years, 2 months ago

US STOCKS-Nasdaq falls as U.S. export controls on China...

Daily Mail  

U.S. bond market shut for Columbus Day holiday * S&P 500 tech sector leads declines * Indexes: Nasdaq down 0.69%, Dow up 0.19%, S&P down 0.26% By Shreyashi Sanyal and Bansari Mayur Kamdar Oct 10 - The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of U.S. efforts to hobble China's semiconductor industry, while investors treaded …

US stocks suffer longest losing streak since Great Depression
2 years, 7 months ago

US stocks suffer longest losing streak since Great Depression

India TV News  

US stocks are on their longest losing streak since the Great Depression by at least one key measure. The Standard & Poor's 500 index fell as much as 2.3 per cent on Friday, leaving it 21 per cent below the all-time high that it reached in January and essentially ending a bull market run that began in March 2020, RT …

Nasdaq falls to worst low since 2008 as stocks plunge amid recession fears
2 years, 8 months ago

Nasdaq falls to worst low since 2008 as stocks plunge amid recession fears

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Nasdaq fell 4.2 per cent, the Dow …

Amazon falls to lowest since May as big tech weakness continues
2 years, 11 months ago

Amazon falls to lowest since May as big tech weakness continues

Live Mint  

Shares of technology and internet stocks fell on Monday, extending recent declines as investors continued to monitor a rise in Treasury yields. Among the notable movers, Amazon.com Inc. fell 3.4% to trade at its lowest intraday since May. BofA affirmed a buy rating and $4,450 price target on the stock, writing that it expects 2022 will “end better than it …

US markets: Nasdaq hits record high as Big Tech roars back
3 years, 6 months ago

US markets: Nasdaq hits record high as Big Tech roars back

Live Mint  

The Nasdaq hit an intra-day record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf growth companies, while investors awaited remarks about the economic recovery from Federal Reserve Chair Jerome Powell. So-called value stocks, expected to benefit from the economic recovery, have outperformed in 2021, while growth stocks, including major tech names like Apple and Nvidia, have rallied since …

Market wrap: Nasdaq 100 rises overnight after a slump in technology stocks
3 years, 10 months ago

Market wrap: Nasdaq 100 rises overnight after a slump in technology stocks

Hindustan Times  

Nasdaq 100 futures climbed Tuesday after an overnight slump in technology stocks and Asian shares erased losses as Chinese state-backed funds intervened to alleviate domestic declines. The S&P 500 shed intraday gains as the retreat in high-valuation stocks offset a rise in financial and materials shares. China’s CSI 300 equity gauge plunged more than 3% before bouncing back after state-related …

Tech stocks knock down Wall Street as Covid cases spiral; Dow falls over 400 pts
4 years, 2 months ago

Tech stocks knock down Wall Street as Covid cases spiral; Dow falls over 400 pts

Live Mint  

Wall Street's major indexes tumbled on Friday, dragged down by a slide in shares of tech heavyweights following their quarterly results, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood. Communication services got a boost from a 3.9% jump in shares of Alphabet Inc after the Google parent beat estimates for …

Tech chills spill into Asia, as shares sink across region
4 years, 4 months ago

Tech chills spill into Asia, as shares sink across region

Associated Press  

Asian shares declined on Wednesday after a sell-off of big technology stocks on Wall Street pulled U.S. benchmarks lower. Among big losers in the technology sector were SoftBank Group Corp., which fell 5.%, Alibaba Group Holding, whose shares fell 2.5% in Hong Kong and semiconductor maker SMIC. Tesla, one of the brightest examples of Big Tech’s wild movements, surged 74.1% …

Discover Related