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Big Tech Under the Microscope and Under Pressure Could Upend Markets
So far, it’s been a mixed bag for tech earnings this quarter, at least as far as their reported metrics.
What hasn’t been mixed however is how investors have decidedly been selling big tech names, including selling Netflix down on less than expected subscriber growth and selling Microsoft on excellent earnings metrics, except for slower growth in its cloud business, if you can call 43% growth slow.
Something’s bothering Big Tech investors.
Maybe it’s how fast and furiously big tech names rallied off their March coronavirus crisis lows. Maybe it’s because most mega-cap tech darlings made new all-time highs. Maybe it’s because of this Monday’s House Judiciary Antitrust Subcommittee virtual hearing the CEOs of Apple, Amazon, Facebook, and Google face. Or maybe it’s nervousness over Facebook reporting earnings on Wednesday next week, then Amazon, Google, and Apple reporting on Thursday.
Whatever it is, it’s not looking good for big tech darlings right now.
Want to Get Rich? Buy Every Time You Hear These Six Words
How do you tell whether a business is a good one? Keep these six words in mind. The next time you say them… take action.
The Ugly Ways the Gov’t Will Dig Deeper Into Our Pockets
States are broke, and counties are out of cash. And when they dry out one moneymaking well… they drill another.
Will Political, Regulatory, and Tax Threats to Big Tech Kill the Stock Market?
Technology stocks have powered America’s markets higher for more than two decades, including leading almost parabolic rallies on the heels of every selloff, correction, or bear market since 2009.
That certainly includes “Big Tech” powering equity markets higher off their coronavirus crisis lows.
But now mega-cap technology darlings face political, regulatory, and tax threats, possibly all at once.
The Only Way to Protect Yourself From the Fed’s Money Crimes
With just days to save the nation from eating itself, all eyes are on Washington.
The Problem With Libertarians
While speaking at the Libertarian National Convention, Joel stirred things up with his ideas about personal freedom.
This Week’s Going to Be Interesting
Despite the Nasdaq Composite ending last week down 1.1%, the other major benchmarks ended the week higher. The trend for all of them, including the Nasdaq Composite, is still, up.
But there were minor cracks in the yellow-brick road last week.
A big crack developed on Monday when the Nasdaq 100 (NDX), an important index of the biggest 100 (non-financial) stocks listed on the Nasdaq, rose 2% in the morning, breaking through to new all-time highs, then collapsed spectacularly, ending the day down more than 2%.
[Part 2] Living Rich: How to Live as Well as a Billionaire
Mark Ford continues to share his best tips for anyone who wants to live as well as a billionaire without breaking the bank.
Big Banks: Buy, Sell or Hold?
The country’s biggest too-big-to-fail banks have all reported second quarter earnings and the results were chock full of good news and bad news, depending on the bank and its banking model.
What the banks’ earnings, profits and losses tell us about the economy, about their health, and about the outlook for their stocks gives investors a window into the economy and how to play the banks.
[Part 1] Living Rich: How to Live as Well as a Billionaire
You don’t have to be a billionaire to live as well as one… especially if you follow these tips from Mark Ford.