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Stocks climb to new highs even as big-tech trade splinters

Yet for the Wall Street drama this week, the bull market powered on thanks to soothing economic data and strong reports from Meta Platforms and Amazon.com. The twist: The easy buy-and-hold trade on the Magnificent Seven is now on shakier ground. ....

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Alphabet: Stocks climb to new highs even as big-tech trade splinters, ET Telecom

Alphabet: It was an anxious stretch for bulls by any measure. The 13th gain in 14 weeks for the Nasdaq 100 masked wildly divergent reactions in stocks whose soaring valuations are threatening what has long been a monolithic trade in tech heavyweights. Among the five tech giants that announced quarterly results this week, two of them saw their stocks go up post earnings while three were down, breaking the almost lockstep rally that’s been fueled by optimism over artificial intelligence since early 2023. ....

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Stocks Climb to New Highs Even as Big-Tech Trade Splinters

(Bloomberg) An Alphabet Inc. earnings flop in the grip of an historically narrow stock rally with echoes of the dot-com bubble. Jerome Powell downplaying hopes of early interest-rate cuts. A fresh regional bank rout.Most Read from BloombergMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoThe Most Popular Man in Ukraine Has Become a Problem for ZelenskiyUS ....

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Stocks Climb to New Highs Even as Big-Tech Trade Splinters

Stocks Climb to New Highs Even as Big-Tech Trade Splinters
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Deep Dive: These 11 stocks can lead your portfolio's rebound after the S&P 500 'earnings recession' and a market bottom next year

Deep Dive: These 11 stocks can lead your portfolio's rebound after the S&P 500 'earnings recession' and a market bottom next year
forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.

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