Latest News

Putin’s Gas-for-Rubles Gambit Hits EU Fault Lines as Stakes Rise


Black Friday for The FAANG Who May Lose a Member

While concerns were already surrounding tech as the Federal Reserve hiked interest rates to curb inflation, there was still hope that tech tenors would provide some reassurance on the outlook for companies much more established. There was the hope that Apple , Amazon , Google (Alphabet) could make people forget the possible underperformance of Facebook (Meta) , or even Netflix . From the first quarter results of Facebook, Apple, Amazon, Netflix and Google, the famous FAANG, it appears that fears about a possible recession are well founded.

Many tech stocks that have crashed are still too expensive to buy

Previous article

Cathie Wood bought more than $20 million worth of Teladoc as stock tanked Thursday

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News