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Considers a plan to order a for tiktok. Nership microsoft is in talks to buy tiktoks u. S. Operations. Of covid19 rising, but at a slower pace. Florida reporting record deaths. As of today, the 600 unemployment checks millions have been getting will expire. Next week, 200. To break down how investors are digesting this, abigail doolittle. We have to talk about this tech rally. Buteveryone, it seems, google. Abigail yes, a big rally for apple, amazon, facebook. Google the odd stock out. You and i were talking about quarters forblowup most companies. Apple, in particular, the stock had been up 5 , then in the afternoon around that news came reversed, and that is when apple took off, as though there was an invisible hand behind apple surging. It is hard to believe institutional money is buying the stock at a fiveyear high. They havent provided in outlook, but nonetheless, great results, each beating estimates. Apple and amazon beating, meeting or beating the adjusted earnings estimate pri ....
Decent day. The dow is on pace for its best day since april 25, being helped , plus Manufacturing Index energy and the banks. The nasdaq down nearly. 2 . Thereason it matters is on open the nasdaq had been up about. 6 . Dipping declining and down as much as. 4 at the lows. Now lower. A continuation of the tech selloff we saw in june. Still not well explained by investors. Some had been saying it could be profit taking at the end of the last quarter. The quarter is over and we are still seeing big losses, all down in a big way. You have earnings season ahead. Last week, analysts told our team nothing fundamental has changed. What does seem to be having is a sector rotation out of tech. It is important to watch whether this is a trend shift. This is the s p 500 and the nasdaq in white. Out of the election, we see a beautiful uptrend for both. On june 9, that was the last time the nasdaq hit an alltime high. The last time the s ....
Decent day. The dow is on pace for its best day since april 25, being helped , plus Manufacturing Index energy and the banks. The nasdaq down nearly. 2 . Thereason it matters is on open the nasdaq had been up about. 6 . Dipping declining and down as much as. 4 at the lows. Now lower. A continuation of the tech selloff we saw in june. Still not well explained by investors. Some had been saying it could be profit taking at the end of the last quarter. The quarter is over and we are still seeing big losses, all down in a big way. You have earnings season ahead. Last week, analysts told our team nothing fundamental has changed. What does seem to be having is a sector rotation out of tech. It is important to watch whether this is a trend shift. This is the s p 500 and the nasdaq in white. Out of the election, we see a beautiful uptrend for both. On june 9, that was the last time the nasdaq hit an alltime high. The last time the s ....