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Stocks

“Once Wall Street’s stars, Big Tech falls back to Earth”

“…The tech stocks in the S&P 500 are down 19.8% for the year through Tuesday, while communications services stocks in the index tumbled even more, 24.1%. The rest of the S&P 500 fell only 6.9%. Tech-oriented stocks have struggled in… Continue Reading…

Business

“Microsoft sets record for biggest tech deal ever, topping Dell-EMC merger in 2016”

“On Tuesday, Microsoft said it’s buying video game publisher Activision Blizzard for almost $69 billion, a price that would narrowly eclipse the richest U.S. tech deal in history. In 2016, Dell purchased EMC for $67 billion. The JDS-SDL deal comes next, followed by IBM’s $34 billion… Continue Reading…

Stocks

“Dow rises for a second day to new record, broader market weighed down by tech losses”

“The Dow Jones Industrial average rose for a second day to start 2022 as investors bet on the kinds of stocks that would benefit from a robust economy this year despite the omicron threat. Losses in tech shares that were… Continue Reading…

Economy, Stocks

“Chinese Tech Stocks Are Tumbling Again…”

“It’s happened again. Chinese tech stocks are getting hammered after Beijing summoned a number of gaming companies, including Tencent and NetEase, over new rules on the sector. The companies were told to put an end to the “solitary focus of pursuing profit” and understand the… Continue Reading…

Stocks

“5 “Strong Buy” Tech Stocks with at Least 30% Upside Potential”

“Baidu (NASDAQ: BIDU)… …Overall, 17 Wall Street analysts have weighed in on Baidu shares in the past three months, giving the stock 14 Buys and 3 Holds for a Strong Buy consensus rating. The average Baidu price target of $304.40 implies approximately 67.8% upside… Continue Reading…

Stocks

“Dow drops 150 points to start the week as tech shares lag”

“The Dow Jones Industrial Average fell 150 points, or 0.45%, as Home Depot and Boeing weighed on the blue-chip index. The S&P 500 also lost 0.45% as the tech sector pulled back 0.7%. The Nasdaq Composite fell 0.7%. Big Tech quickly came under pressure to start… Continue Reading…

Economy

“Top tech stocks are in correction territory. Here’s why”

“London (CNN Business)Apple (AAPL) shares are down more than 18% from their January high. Amazon’s stock is off 12% from a recent peak in early February. And chipmaker Nvidia (NVDA) has seen its shares plunge 24% since the middle of last month. What’s happening: Tech… Continue Reading…

Stocks

“RBC: These 2 Tech Stocks Are Poised to Surge by Over 40%”

“Datto Holding (MSP)… Hedberg represents the bullish view – Wall Street is somewhat more divided on this stock. There are 10 recent reviews, 5 to Buy and 5 to Hold, making the consensus rating a Moderate Buy. The average price target… Continue Reading…

Stocks

“3 Tech Stocks Flying Under the Radar; Analysts Say ‘Buy’”

“SharpSpring, Inc. (SHSP)… SHSP is not widely covered by the Street’s analyst corps; among those who do cover the stock, however, the consensus is a Strong Buy. SHSP shows an average price target of $19.50, implying room for ~19% upside from… Continue Reading…

Stocks

“Top Tech Penny Stocks for Q1 2021”

“Best Value Tech Penny Stocks These are the tech penny stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For young companies that have not reached profitability, this can provide an idea of how much business you’re getting for each dollar invested.… Continue Reading…