Tech stocks take a dive amid fears of a smartphone market …

Apr 19, 2018 · The selling pressure stemmed from disappointing earnings guidance from Taiwan Semiconductor, which stoked fears of a global smartphone market slowdown. …

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Tech Stocks Emerge As Haven In Sell-off Fueled By Bank Worries

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Mar 15, 2023 · The relative strength in tech, the biggest S&P 500 sector with a 28% weighting in the index, has helped take the edge off a broader decline in stocks fueled by fears that …

reuters.com

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A Stumble For Tech Stocks Is A Worrying Sign Heading Into 2025: …

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Nov 27, 2024 · It isn’t all bad news, said John Krinsky, chief market technician at BTIG, in a Wednesday client note. Tech’s XLK 1.5% fall makes it by far the worst-performing S&P 500 …

marketwatch.com

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CNBC Daily Open: Tech Stocks Can't Climb Out Of Their Hole Yet

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15 hours ago · The market's tech rout hasn't stopped yet. The Nasdaq Composite lost 0.23%, underperforming the S&P 500 and Dow Jones Industrial Average — which gained 0.11% and …

nbcchicago.com

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Tech Stocks Are Down. Here's What That Means For The Economy

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May 11, 2022 · Big Tech has shed over $1 trillion in value over the last three trading sessions as many companies are reeling from the effects of not meeting earnings expectations.

time.com

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Will A Weak Smartphone Market Cause Apple's New IPhones To Fail?

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Sep 6, 2022 · Apple, however, has defied the slowdown in the smartphone market. Its shipments were up 2.2% year over year in Q1 to 56.5 million units, followed by a flat performance in Q2.

fool.com

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Prediction: This Tech Stock Could Take Off After The IPhone 16 …

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Sep 15, 2024 · More importantly, the generative AI smartphone market is forecast to grow at an annual rate of 78% through 2028, clocking annual shipments of 912 million units as per IDC.

fool.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Tech stocks take a dive amid fears of a smartphone market … Coupon?

What's going on with tech stocks?

Here’s what you need to know about the tech stocks slump. Wall Street analysts say a number of factors are knocking the wind out of the markets, including the highest inflation in 40 years, rising interest rates, and the strong U.S. dollar—which hurts multinational companies since they earn less when converting their foreign sales into dollars. ...

Why did tech stocks slide Monday morning?

The tech stocks’ steep slide Monday morning came as the wider market took a downturn amid growing concerns about a recession. Investors were spooked by Friday’s weaker-than-expected jobs report, which showed the U.S. adding only 114,000 jobs and the unemployment rate ticking up to 4.3 percent. ...

Are tech stocks a drag on the market?

Amid widespread excitement about the potential of artificial intelligence (AI), the tech sector has driven much of the market’s gains this year. As of late June, the Magnificent Seven accounted for 75 percent of the S&P 500’s gains, according to Axios. However, the tech stocks have also been a drag on the market in recent weeks. ...

Why is big tech stock selling off?

“Russia’s unprovoked invasion of Ukraine has further increased economic uncertainty.” Here are the three biggest factors driving the tech stock sell off. Big Tech has shed over $1 trillion in value over the last three trading sessions as many of the world’s biggest companies are still reeling from the effects of not meeting earnings expectations. ...

Why are tech stocks falling?

Tech stocks fell amid fears of faster-than-expected tightening from the U.S. Central Bank. Higher interest rates are negative for growth companies, and most tech companies are growth stocks. Over the last year, tech companies' top-line growth has come down. ...

Which tech stocks slid a lot at the start of trading?

Tesla opened 10.9 percent down, while Apple slid 9.6 percent, and Amazon fell 8.2 percent at the start of trading. Meta, the parent company of Facebook and Instagram, opened 7.6 percent down, while Google parent Alphabet dipped 6.8 percent. Microsoft saw the least volatility out of the major tech stocks, falling 4.8 percent at market open Monday. ...