Tag Archives: Stocks

TikTok ban: How stocks for social media rivals Meta and Snap—and partner Oracle—fared on the news

April 24, 2024 TikTok ban: How stocks for social media rivals Meta and Snap—and partner Oracle—fared on the news Surprise: Despite the ByteDance app’s bad day, its competitors aren’t rallying like you might expect. BY Clint Rainey On Wednesday, President Joe Biden signed the TikTok ban into law, finally giving owner ByteDance its Choose Your Own … Continue reading TikTok ban: How stocks for social media rivals Meta and Snap—and partner Oracle—fared on the news

Telecom stocks are shedding billions in market value. Here’s what’s happening

  By Christopher Zara July 17, 2023 Lead-footed telecom investors are racing for the exits over fears that AT&T, Verizon, and other industry giants could be on the hook for potential health risks posed by decades-old infrastructure. According to a report Monday by analyst firm MoffettNathanson, four major telecom firms have shed a combined $18 … Continue reading Telecom stocks are shedding billions in market value. Here’s what’s happening

Millennials are losing faith in stocks and bonds. Here’s what they’re investing in instead

  By Clint Rainey October 12, 2022   In just a little over two decades, millennials and Gen Zers are expected to inherit $73 trillion from the baby boomer generation—a historic transfer of U.S. wealth. According to a Bank of America Private Bank survey released Tuesday, the new owners of this money are poised to make … Continue reading Millennials are losing faith in stocks and bonds. Here’s what they’re investing in instead

China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers

China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers ValueWalk / 30 Aug 2022   Tech stocks in China and the U.S. are popping, although for different reasons. In China, an agreement between Washington and Beijing over their long-running audit disagreement triggered gains in Chinese tech stocks because their U.S. listings appear to be protected. … Continue reading China, U.S. Tech Stocks Climb Throughout The Week On Different Drivers

Amazon and Apple stocks rise, helping Big Tech’s mixed earnings week close on a positive note

By Michael Grothaus July 29, 2022   If you’re an investor in tech stocks, this week has been rocky—and that rockiness continued on from the week prior, too. Until (August 12, 2022) it seemed as if most tech stocks were doomed. A brief recap: Snap (SNAP): Last Thursday, the Snapchat maker missed on EPS and … Continue reading Amazon and Apple stocks rise, helping Big Tech’s mixed earnings week close on a positive note