Wall Street sours on Silicon Valley, battering tech stocks
6 years, 2 months ago

Wall Street sours on Silicon Valley, battering tech stocks

Associated Press  

SAN FRANCISCO — Investors for years have seemingly adored technology stocks as much as most people love their smartphones. The downturn may seem puzzling, given that Apple’s iPhone sales are booming, the online shopping traffic keeps sending more consumers to Amazon, people are constantly asking Google to enlighten and direct them, people keep posting on Facebook and Netflix has never been a more popular entertainment destination. Higher rates reduce the present value of future corporate earnings, which in turn undermines the justification for the lofty valuations — and high share prices — of tech companies. The long tech rally boosted two members of the FAANG club — Apple and Amazon — to trillion-dollar market valuations, making them the first U.S. companies to reach that milestone. Apple could also be knocked out of the $1 trillion club if its earnings for the latest quarter disappoint investors the same way Amazon and Alphabet reports did this past week.

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History of this topic

Markets stumble as Wall Street sells off Big Tech
2 weeks, 6 days ago

Markets stumble as Wall Street sells off Big Tech

CNN  

CNN — US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — has accounted for more than half of the gains so far this year as they benefit from intense investor focus on ways …

‘US tech stocks not overvalued for Indian investors like me’: Helios Capital’s Samir Arora after US Fed verdict
3 weeks, 6 days ago

‘US tech stocks not overvalued for Indian investors like me’: Helios Capital’s Samir Arora after US Fed verdict

Live Mint  

Helios Capital founder Samir Arora claims that US technology stocks such as Google, Amazon, Nvidia, and others are not deeply overvalued for Indian investors like him. Arora said, “Indian investors like myself would not think these are deeply overvalued.” The list of the US tech giants given by the market expert is as follows: PE of Google 22 Meta 24 …

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%
1 month ago

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%

Live Mint  

US stocks were mixed on Tuesday with the Nasdaq outperforming its peers, boosted by rising megacap technology stocks. At 9:37 am ET, the Dow Jones Industrial Average fell 145.77 points, or 0.33 per cent, to 44,256.16, the S&P 500 lost 0.16 points to 6,052.69 and the Nasdaq Composite gained 82.12 points, or 0.42 per cent, to 19,818.81. At the opening …

Tech stocks and AI lift Wall Street to more records
1 month, 1 week ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

Stock market today: Losses for Big Tech pull US indexes lower
1 month, 2 weeks 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, 2 weeks 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, 3 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. …

Wall Street climbs ahead of a big week for Big Tech as oil drops 6%
2 months, 2 weeks ago

Wall Street climbs ahead of a big week for Big Tech as oil drops 6%

LA Times  

U.S. stocks rose Monday as gains for Big Tech made up for slides in oil-and-gas stocks after the price of crude tumbled sharply. Several Big Tech stocks helped lead the way, and five of the behemoths known as the “Magnificent Seven” are on this week’s schedule to report their latest profits. Monday’s gains for Big Tech helped offset drops for …

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls
2 months, 4 weeks ago

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls

Live Mint  

Tech stocks lead the way, with the Nasdaq and S&P 500 gaining significant gains. Netflix's strong performance boosts its stock, while Apple and Nvidia show positive performance in the tech sector. American Express's quarterly profit is slightly lower than expected, while Intuitive Surgical's profit exceeds expectations. In the bond market, the 10-year Treasury yield falls slightly, while gold prices remain …

Wall Street rises as tech stocks and oil prices steady themselves
3 months ago

Wall Street rises as tech stocks and oil prices steady themselves

LA Times  

The Standard & Poor’s 500 gained 0.5% to recover much of the slide from its all-time high the day before. U.S. stocks rose Wednesday following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies. The Standard & Poor’s 500 index gained 0.5% to recover much of the slide from its all-time high the day before because of …

Stocks tank as economic slowdown fears mount and tech companies disappoint
4 months, 1 week 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 …

Opinion: Silicon Valley is maximizing profit at everyone’s expense. It doesn’t have to be this way
4 months, 2 weeks ago

Opinion: Silicon Valley is maximizing profit at everyone’s expense. It doesn’t have to be this way

LA Times  

A public battle has broken out among the titans of Silicon Valley. Two Silicon Valley obsessions threaten the most damage: creating human addiction to increase profits and eliminating humans altogether to decrease costs. Poverty rates in Silicon Valley’s home state are rising even as AI makes Big Tech richer. The root of the problem is that the United States and …

Losses for Big Tech companies lead Wall Street lower
4 months, 2 weeks ago

Losses for Big Tech companies lead Wall Street lower

LA Times  

The New York Stock Exchange with Trinity Church in the background on Aug. 28, 2024. Stocks on Wall Street closed lower Wednesday as a pullback in big technology companies outweighed gains elsewhere in the market. Its earnings and revenue topped Wall Street’s forecasts, but the stock fell 3.7% in after-hours trading. The hope is that the data show inflation easing …

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
5 months, 3 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% …

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
5 months, 4 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, 4 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 …

US stock market: Intel shares buck the chips rout, rise 8%
5 months, 4 weeks ago

US stock market: Intel shares buck the chips rout, rise 8%

Live Mint  

Intel Corp. shares bucked the chips rout on Wednesday, rising as much as 8.2 per cent on speculations that the company could benefit from policies under either a Biden or Trump administration. Chip stocks plunged on worries over trade curbs on companies giving China access to advanced semiconductor technology. According to a Bloomberg report, the Biden administration has told US …

Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook
5 months, 4 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 shares mostly fall as dive for Big Tech stocks hits Wall St rally
5 months, 4 weeks ago

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

Associated Press  

TOKYO — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. The markets’ spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if …

Big tech companies unplug stock market from reality
7 months, 1 week ago

Big tech companies unplug stock market from reality

Live Mint  

Big Tech stocks aren’t just dominating the market. Yet the S&P itself is far less affected by the outlook for interest rates, because the Big Tech stocks that make up so much of the standard, value-weighted index are insulated from the Fed by their enormous cash piles. The Big Tech stocks that dominate the market sit on huge cash piles, …

Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
8 months, 3 weeks ago

Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week

Associated Press  

NEW YORK — The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street on Friday across the finish line of another losing week. Nvidia, another stock that has surged to dizzying heights due to Wall Street’s frenzy around artificial-intelligence technology, also gave up some of its big recent gains. Tech stocks in the S&P …

As earnings season rolls into its heart, hopes rise for broader gains
8 months, 4 weeks ago

As earnings season rolls into its heart, hopes rise for broader gains

Associated Press  

NEW YORK — As the heart of earnings reporting season arrives on Wall Street, investors hope that many more voices will be joining the chorus of companies reporting stronger profits. Last year, Big Tech stocks were behind much of corporate America’s profit growth, and thus behind the majority of the gain for the S&P 500. But as defense contractors and …

Stock market today: More weakness in technology companies pulls Wall Street lower
10 months, 3 weeks ago

Stock market today: More weakness in technology companies pulls Wall Street lower

Hindustan Times  

NEW YORK — Stocks fell on Wall Street Wednesday as weakness in technology companies continues to drag on the market. Electronic measurement technology company Keysight Technologies fell 7.3% after its profit forecast fell short of analysts’ expectations. “As long as the labor market holds up, the Fed can afford to slow walk rate cuts,” said Jamie Cox, managing partner for …

Stock market today: Asian stocks mostly fall as Chinese shares skid despite moves to help markets
11 months, 1 week 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: Big Tech carries Wall Street to another record and winning week
11 months, 1 week ago

Stock market today: Big Tech carries Wall Street to another record and winning week

Associated Press  

NEW YORK — Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy. Stocks felt pressure from much higher yields in the bond market after a report showed U.S. employers hired many more workers last month than economists expected. “The Fed threw …

Stock market today: Asian stocks are mixed after Wall Street slips to its worst loss in 4 months
11 months, 2 weeks ago

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

Associated Press  

BANGKOK — Asian shares were mixed on Thursday after Wall Street fell to its worst loss since September as the Federal Reserve indicated cuts to interest rates are not imminent. One analyst, Dan Ives of Wedbush Securities, even called its quarterly report “a masterpiece that should be hung in the Louvre.” Tesla, another member of the group of tech stocks …

Investors see Microsoft's stock market value leaving Apple behind
11 months, 2 weeks ago

Investors see Microsoft's stock market value leaving Apple behind

The Hindu  

Microsoft's early lead in artificial intelligence has the software heavyweight's stock market value poised to pull decisively ahead of Apple's over the next five years, 13 institutional investors unanimously agreed ahead of the tech titans' quarterly results this week. Microsoft's shares have surged 7% so far in 2024, recently sending its stock market value above $3 trillion and dethroning Apple …

Stock market today: Asian shares are mostly higher ahead of a key US jobs report
1 year, 1 month ago

Stock market today: Asian shares are mostly higher ahead of a key US jobs report

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 {{ …

Big Tech earnings can make or break this market
1 year, 2 months ago

Big Tech earnings can make or break this market

CNN  

A version of this story first appeared in CNN Business’ Before the Bell newsletter. New York CNN — In an unstable economic climate marked by geopolitical unrest, concerns about the Federal Reserve and soaring Treasury yields, investors are closely watching this week’s Big Tech earnings for clues about where the volatile stock market may head next. “Big Tech valuations pose …

Big Tech backs stock gains with solid results, growth prospects
1 year, 5 months ago

Big Tech backs stock gains with solid results, growth prospects

Associated Press  

NEW YORK — Big technology companies provided the energy for most of broader market’s sharp ascent in 2023 and their latest financial reports so far justify that confidence from investors. “In a nutshell, Big Tech earnings have been a flex the muscles moment for the bulls,” said Daniel Ives, a senior equity research analyst at Wedbush, in a research report. …

Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year
1 year, 6 months ago

Stock market today: Asian shares jump on Wall Street’s return to its highest level in over a year

Associated Press  

TOKYO — Asian shares rose Thursday, boosted by Wall Street’s return to its highest level in more than a year after a report showed U.S. consumer inflation cooled a bit more than expected last month. The U.S. government’s latest update on inflation showed that consumers paid prices for gasoline, food and other items that were 3% higher overall in June …

The recent layoffs and the future of US tech
1 year, 10 months ago

The recent layoffs and the future of US tech

Hindustan Times  

With the Covid-19 pandemic, although the world had come to a standstill, there was unprecedented growth in the tech industry, as it was embraced by people from all walks of life like never before, resulting in many big tech firms earning unheard-of profits. While Google and Microsoft lost $700 billion each, and Facebook lost $600 billion; Amazon, a public company, …

Why we need to rethink our relationship with Big Tech
1 year, 10 months ago

Why we need to rethink our relationship with Big Tech

Hindustan Times  

Between 2020 and 2021, it seemed tech companies would be the engine of post-pandemic recovery: Their growth appeared unstoppable, and their leadership made ambitious plans to expand. Tech services and products across the board saw skyrocketing demand, with US tech giants– Facebook, Amazon, Apple, Netflix and Google, collectively known as FAANG – benefitting from a meteoric rise in share prices. …

Meta, Amazon, Alphabet, Apple earnings: Big tech’s bad year is over.
55 years ago

Meta, Amazon, Alphabet, Apple earnings: Big tech’s bad year is over.

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. As tech analyst Dan Ives put it in a DM Thursday, “Huge rebound underway.” Big Tech’s share prices are still well below their all-time highs—and the ascent will be slow—but they’re poised for improvement now that certainty is returning to the economy. As inflation soared in 2021 and 2022 …

Asian shares rise, track Wall St gains as earnings ramp up
1 year, 11 months ago

Asian shares rise, track Wall St gains as earnings ramp up

Associated Press  

BANGKOK — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Tech stocks in the S&P 500 rose 2.3% Monday, with chipmaker Advanced Micro Devices leading the pack with a 9.2% gain. After soaring through the pandemic thanks to super-low …

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 …

Wall Street update: Tech leads stocks lower as treasury yields climb
2 years, 2 months ago

Wall Street update: Tech leads stocks lower as treasury yields climb

Live Mint  

Stocks fell, with some of the world’s largest technology companies leading losses as Treasury yields climbed. “The Fed has hiked enough -- and quickly enough -- to make recession a base-case scenario in our book,” said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. “Volatility and risk premia are likely to remain elevated as long as the …

Silicon Valley’s greatest minds misread pandemic demand. Now their employees are paying for it.
2 years, 2 months ago

Silicon Valley’s greatest minds misread pandemic demand. Now their employees are paying for it.

CNN  

CNN Business — In the early months of the pandemic, Facebook only grew bigger and more central to our lives. As CEO Mark Zuckerberg said in March 2020, usage was so high that the company was “just trying to keep the lights on.” Against that backdrop, Zuckerberg’s company went on a remarkable hiring spree. “We were much too optimistic about …

Silicon Valley elite stalked by fears of mass layoffs
2 years, 2 months ago

Silicon Valley elite stalked by fears of mass layoffs

The Telegraph  

Free Ubers, gourmet lunches and private pods reserved for napping. “This is a day in the life of someone working in tech,” says a Gen Z worker as she shows her TikTok viewers around her office. Thousands of workers have already been made redundant and many tens of thousands more are likely to follow as share prices at Silicon Valley’s …

Outlook for tech stocks darkens after rocky stretch
2 years, 4 months ago

Outlook for tech stocks darkens after rocky stretch

Live Mint  

A rally in technology shares helped the stock market snap a three-week losing streak. “It’s a volatile year—it’s never easy to sound the all clear from a short-term basis," said Giorgio Caputo, a senior fund manager at J O Hambro Capital Management Group. Even after the downturn this year, many analysts say tech stocks still appear richly valued. “If you …

China stocks: Alibaba and JD.com rally on hopes tech crackdown is ending soon
2 years, 7 months ago

China stocks: Alibaba and JD.com rally on hopes tech crackdown is ending soon

CNN  

Hong Kong CNN Business — Shares in Chinese tech companies have surged this week on hopes that Beijing is close to ending a yearlong regulatory crackdown on the industry. The gains followed a strong session for Chinese stocks on Wall Street on Monday,when the Nasdaq Golden Dragon China Index soared 5.4%. “The headline sparked speculation that Beijing was ending the …

Next week’s earnings could boost tech stocks once again
3 years, 8 months ago

Next week’s earnings could boost tech stocks once again

CNN  

New York CNN Business — Investors are getting ready to reposition their portfolios for the post-pandemic world. Solid earnings from these companies could mean another rally in tech stocks, according to Wedbush Securities analyst Daniel Ives. “We believe earnings over the coming weeks will be a major positive catalyst for tech names,” given the sector’s robust fundamentals, Ives said in …

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 stocks lead Wall Street higher as Fed meeting begins
4 years, 4 months ago

Tech stocks lead Wall Street higher as Fed meeting begins

Live Mint  

Tech stocks pushed Wall Street's main indexes higher on Tuesday as positive US factory data fueled optimism around an economic rebound, while investors looked for continued support from the Federal Reserve as its two-day meeting got underway. in a world of extremely low interest rates these stocks have offered good returns," said Anik Sen, global head of equities at PineBridge …

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% …

Apple shines in pandemic with $2 trillion value on horizon
4 years, 5 months ago

Apple shines in pandemic with $2 trillion value on horizon

The Hindu  

The initial spread of the novel coronavirus shut down the factories in China that assemble its iPhones and also closed its retail stores in a country that ranks as the company’s biggest market besides the U.S. Things looked even bleaker in March after the global pandemic shoved the U.S. economy into what now looks to be its deepest downturn since …

A new tech bubble is inflating
4 years, 6 months ago

A new tech bubble is inflating

CNN  

New York CNN Business — There has been a furious rally in tech stocks since the market plunged a week ago. Former Federal Reserve chairman Alan Greenspan used that term in a speech nearly a quarter-century ago to describe the 1996 boom in the stock market – particularly the rise of big tech stocks and the wave of unprofitable internet …

Premarket stocks: The club of $1 trillion companies is about to gain a fifth member
4 years, 11 months ago

Premarket stocks: The club of $1 trillion companies is about to gain a fifth member

CNN  

London CNN Business — A version of this story first appeared in CNN Business’ Before the Bell newsletter. Amazon ’s beat: Amazon blew away Wall Street’s expectations when it reported earnings for the holiday quarter on Thursday, my CNN Business colleague Clare Duffy reports. See here: If Amazon shares open up as much as expected, the company could soon approach …

Time to de-FAANG your portfolio and embrace value stocks
5 years, 1 month ago

Time to de-FAANG your portfolio and embrace value stocks

CNN  

New York CNN Business — Big tech stocks have been extremely popular bets for many investors for several years – and 2019 is no exception. But some market experts say value stocks and bonds might be better options than these momentum plays and remaining FAANG stocks Amazon, Netflix and Google owner Alphabet heading into 2020. “That would benefit value stocks …

Americans aren't enchanted by Silicon Valley anymore: poll
5 years, 5 months ago

Americans aren't enchanted by Silicon Valley anymore: poll

Salon  

The tech industry has always benefited from the fact that the term "technology" is synonymous with "progress" in many people's minds. According to new Pew Research Center data, Americans are more likely to view Silicon Valley giants like Facebook and Google as mistrustful swindlers — whereas just a few years ago, more Americans believed tech companies were having a positive …

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