Tag Archives: market

Asia tech bosses fear a US-China cold war splitting global market

SINGAPORE — The global economy faces “very serious disruption” from the escalating US-China trade war, business leaders have warned, as the U.S. renews allegations of trade theft against Huawei Technologies and lawmakers move to ban chip sales to key Chinese companies. The business leaders’ warnings came as Beijing condemned as “hysteria” a draft bill presented in the U.S. Congress to ... Read More »

Tech to continue driving housing market in 2019

As 2019 begins, the bustling technology sector in the Seattle area is likely to continue fueling Seattle’s housing market, though there will be some changes. When looking back on December’s market in Snoqualmie, Karen Lindsay, Managing Broker and Branch Manager of John L. Scott’s Bellevue-Issaquah office, said things were a bit quiet, though pending sales activity was roughly at the ... Read More »

Tech View: Spinning top on Nifty chart shows market is indecisive

NEW DELHI: The Nifty50 on Monday could not capitalise on the gap-up start and ended up forming a small bearish candle on the daily chart that resembled an indecisive ‘Spinning Top’. Analysts said lack of strength was visible in the market, bu t the positive bias may continue as long as the index stays above the 10,741 level. During the ... Read More »

Tech pulls market lower | Bitcoin drops 15% | Target tumbles on earnings

U.S. stock futures were lower this morning, likely extending Monday’s sharp losses at the open. The Dow and S&P 500 are at their lowest points of November, and the Nasdaq’s Monday close was its lowest in nearly seven months. (CNBC) * Cramer: The sell-off can’t end until these 10 problems are fixed (CNBC) * Once popular tech stocks like Facebook ... Read More »

Tech pulls market lower | Bitcoin drops 15% | Target tumbles on earnings

U.S. stock futures were lower this morning, likely extending Monday’s sharp losses at the open. The Dow and S&P 500 are at their lowest points of November, and the Nasdaq’s Monday close was its lowest in nearly seven months. (CNBC) * Cramer: The sell-off can’t end until these 10 problems are fixed (CNBC) * Once popular tech stocks like Facebook ... Read More »

Bank and tech shares lead stock market higher a 4th straight day

US stocks climbed for the fourth straight day Tuesday as strong earnings continued to pull the market closer to the record high it set in late January. Industrial companies rose and banks moved higher as interest rates increased. Gains for Microsoft and Google’s parent company, Alphabet, helped technology companies. Companies including Hertz, Etsy, and Mosaic climbed after their results surpassed ... Read More »

US Tech Market Poised For A Strong 2018, But With Doubts About 2019

At the midpoint in 2018, the US tech market is on track to grow by 6.7% in 2018, the fastest growth since 2012. However, 2019 is looking more uncertain, and we forecast that growth in US business and government spending on tech goods, software, services, and staff will slow to 5.5%. ForresterFORRESTER Three factors are driving this strong performance for the ... Read More »

Are tech titans teetering atop the market in a dangerous way?

SILICON Valley giants have become a gargantuan force on Wall Street, as demonstrated by Apple recently topping US$1 trillion in stock-market valuation. But should we fear that a new tech bubble is ready to burst? Here are some questions and answers about the sector: WHAT DOES THE TECH SECTOR REPRESENT ON WALL STREET? Apple ended the formal trading week worth ... Read More »

These Top Tech Stock Plays Are Trouncing The Market

Despite some volatility, tech stocks are trouncing the broader market this year as top-performing tech funds score double-digit gains. ETFMG Prime Cyber Security (HACK) leads the pack with a 19.8% year-to-date gain through May 9, according to Morningstar Direct. That’s far ahead of the S&P 500’s 1.5% advance. The ETF lost 2% Friday, but remains just below its all-time highs. ... Read More »

Samsung Tops Shrinking Smartphone Market in Q1 2018: Counterpoint

As global smartphone market declined for the second successive quarter in the first quarter of 2018, Samsung remained the leader, shipping 78 million devices and capturing 21.7 percent market share, Counterpoint Research said on Wednesday. Samsung shipments grew 5 percent with the launch of its latest flagship, the Galaxy S9 and S9+. Apple which surprised the analysts with a strong fiscal 2018 second-quarter results, shipped 52.2 million devices, ... Read More »