Marley Jay AP Markets Writer Published 2:50 PM EST Dec 21, 2018 New York – More misery for technology stocks pulled major indexes lower on Wall Street Friday, worsening what’s turning into the worst month for the market in a decade. Amazon, Facebook, Netflix and a handful of other huge technology companies, once the best-performing stocks on the market, are now leading the way lower. Their huge popularity during the recent boom years in the market made them even more vulnerable when investors’ mood turned sour, as it has this fall. Big drops in those stocks as well as Apple and Alphabet, Google’s parent company, have contributed to what’s now a 20 percent drop in the Nasdaq from its peak in August. That index is heavily loaded with technology companies. When the broader market was rising, those stocks rose even more. Now that the whole market is falling, these former favorites are now taking the worst of the losses. “Technology was doing well … [Read more...] about Tech stocks drop again as huge losses pile up
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I am troubled by what I see in the tech stocks. I agree with many analysts that things may get dicey in 2019.”— Joshua RadcliffeNEW YORK, NEW YORK, UNITED STATES, December 4, 2018 /EINPresswire.com/ -- Last week in finance we saw what seems to be the start of a downturn in the stock market, especially amount FAANG tech stocks. Facebook, Apple, Amazon, Netflix & Google all have their problems and many of them are starting to show. Apple stock (AAPL) is still down from it’s highs in October and some think it will stay down. “The problem with Apple right now is that they have some fundamental problems in their business. The iPhone sales have surely been low despite the company no longer releasing their sales data. What’s more they have been suffering from a number of lawsuits and misconduct in their supply chain” Joshua Radcliffe from In Stock News (https://www.instocknews.com/) reports. Another tech stock, Facebook (FB) is very far down this … [Read more...] about Tech Stocks Down: Investors & Financial Institutes Worried… Will it be Business as Usual in 2019?
Sarah Kovac Reviewed.com Published 11:42 AM EST Nov 25, 2018 — Our editors review and recommend products to help you buy the stuff you need. If you make a purchase by clicking one of our links, we may earn a small share of the revenue. However, our picks and opinions are independent from USA Today’s newsroom and any business incentives. Cyber Monday tech deals this year are bringing us some pretty great prices on major brands like Echo, Bose, FitBit, Apple, Microsoft, and many more. We're making sure you get tech deals that are really worth your money so you don't end up with junk. We’re vetting all the best Cyber Monday deals for you in real time, but if you're looking for the very best tech deals for Cyber Monday, you're in the right place. The best Cyber Monday tech deals Amazon Echo Dot (3rd-gen.)—$24 (Save $25.99): This is one of the best Cyber Monday deals of the year. It's brand new and more than half off. Insane. … [Read more...] about Cyber Monday 2018: The best tech deals from Apple, Microsoft, Google and more
Lee Neikirk Reviewed.com Published 2:11 PM EST Nov 5, 2018 — Our editors review and recommend products to help you buy the stuff you need. If you make a purchase by clicking one of our links, we may earn a small share of the revenue. However, our picks and opinions are independent from USA TODAY’s newsroom and any business incentives. Whether you're buying for a family member, a coworker, or your nerdy spouse, knowing which tech gizmos and gadgets are big-ticket items this holiday season ain't easy. Does anything evolve faster than technology? By the time you come up with an answer, there's going to be a new wave of fitness trackers to drool over. The rapid-fire rate at which manufacturers iterate upon their tech products—whether they're TVs, laptops, or new ways to ask Alexa to drop the bass—can make it tricky to shop for tech gifts. To help you be a little more knowledgey about technology, we've put together a list of 20 awesome tech gifts for all the … [Read more...] about The 20 best tech gifts of 2018
NEW YORK – The Dow Jones Industrial Average plunged more than 800 points, or more than 3 percent, its worst drop in eight months, led by sharp declines in technology stocks. Rising bond yields have been drawing investors out of the stock market, and the best-performing stocks over the past year took some of the biggest losses Wednesday.Amazon lost 6.2 percent and Netflix gave back 8.4 percent. The Dow and the S&P 500, the benchmark for many index funds, lost more than 3 percent. The 10-year yield is currently 3.20 percent, the highest in than seven years and up sharply form 2.82 percent in late August. The S&P 500 lost 94 points, or 3.3 percent, to 2,785. The Dow fell 831 points, or 3.1 percent, to 25,598. The Nasdaq fell 315 points, or 4.1 percent, to 7,422. This story will be updated. < Previous Stock indexes end mixed, tech companies slide further Next > … [Read more...] about Dow stock index sinks 3 percent as tech stocks decline