Tag: tech stocks
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Should You Have a Tech Stock Allocation in Your Portfolio?
You may be wondering what the best tech companies to invest in are and maybe even if you should have a part of your portfolio allocated specifically to tech stocks. As an index fund investor, you likely already own the best tech stocks, so before you double down on them, here’s what you’ll want to…
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The recent tech sell-off creates a ‘massive buying opportunity’ with another 30% jump for the sector possible in 2021, Wedbush says
Xinhua/Wang Ying/Getty Images The recent decline in tech stocks has created a “massive buying opportunity” in the sector, according to Wedbush analyst Dan Ives. Ives said he believes another 30% jump in tech names is possible in 2021. The analyst argued that 30% to 40% of employees could eventually be permanently remote, adding fuel to…
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Churchill Capital Corp IV extends 2-day surge to over 50% on news of plans to take Lucid Motors public via SPAC
Electric vehicle charging. Jackyenjoyphotography/Getty Images Stocks of Churchill Capital Corp.. IV are around 50 percent in a post-apocalyptic series to start the week. News of the SPAC possibly taking EV business Lucid Motors public is pushing the share price greater. The fourth of seven’blank-check’ businesses worked by Michael Klein, Churchill Capital Corp.. IV’s plan for…
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Dow gains 251 points as tech giants rally and stimulus hopes persist
Andrew Burton/Getty Images US stocks rose on Monday as Democrats and Republicans inched closer to a stimulus compromise.Mega-cap companies including Apple and Amazon led indexes higher as investors rushed to the growth favorites.President Trump urged Republicans to speed up Amy Coney Barrett’s confirmation to the Supreme Court so that they can pass a new stimulus…
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Apple and Tesla have been trading off ‘a weird game theory’, says money manager Jeff Mills, who thinks tech stocks have further to fall
REUTERS/Mason Trinca Money manager Jeff Mills thinks tech stocks like Apple and Tesla can drop further.He told CNBC’s “Trading Nation” Tesla is trading “80% above its 200 day moving average despite a 21% daily drop last week. Both Apple and Tesla had their stocks split on 31 August. He said both stocks have been trading at a…
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Making sense of the markets this week: September 7
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The U.S. tech sector is worth more than the entire European stock market Your first thought is likely: “That doesn’t make sense.” How could one sector from the U.S. be worth more than the collective stock markets…
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Tech shares set fresh records despite uncertain economy
Despite record-setting COVID-19 diseases , American equities climbed today. While technology stocks did better all indices gained ground through routine trading. The Nasdaq Composite establish new 52-week and all time drops, touching 10,462.0 points before ending in 10,433.65up 2.21% daily. Similarly, that a basket of SaaS and cloud companies who has risen and fallen more…