why are tech stocks down today reddit

Heavy selling in high-growth areas of the market has driven many high-profile tech stocks down in recent days. This has traders worried about heavy.

Stock Market Goliaths Vs Reddit Amateurs Why The Internet Is Freaking Out Over A Video Game Store Buro

Dont know if you watched any of the pre-market Wednesday or Thursday but Cramer was just about throwing up all over himself about tech GOOG in particular.

. Why Are Tech Stocks Down Today. The markets are still heading lower two days after the Federal Reserve delivered its fifth consecutive rate hike this year. Tech stocks are dropping on the latest Consumer Price Index CPI report.

Most tech stocks right now fall into that growth range. 322 vs 226 expected. Theres growing concern that.

And The ARK Innovation ETF which invests heavily in all the hot tech stocks is down. A friend just messaged me saying that his portfolio lost 10 of its value recently and that this was complete doomsday. At todays prices the stock sports a market capitalization of around 72 billion.

Think about conferences where people used to fly airline and oil profits now they. If youre buying stock for 100 expecting it to go to 200 in the next 2-5 years - why do you care if it went down to 80 short term. Technology stocks are crashing what now.

Why are tech stocks down today reddit. Everything is down because of a calendar double whammy. Tesla reported earnings after the bell.

Probably why GOOG got the. Stocks are down big today and the SP 500 and Nasdaq Composite are on track to lose 25 and 35. As meme stocks skyrocketed in.

Another factor affecting chip stocks today is the slew of poor earnings reports from several tech companies. Tech was already near. For one the Fed introduced a low-interest environment to stimulate economic growth.

The nasdaqhelmed by tech heavyweights apple microsoft amazon and teslasis now down nearly 5 from a closing. Sales in 2021 are only projected to. Meme stocks sensation shows no signs of slowing down.

Lets get into specific movements from major tech stocks today below. Reddit is aiming for a valuation of more than 15 billion from listing its shares on a stock exchange. Shares rose as much as 5 in.

Why Tech Stocks Have Further To Drop. So why are tech stocks down if they are more important than ever. Yet its trailing 12-month revenues stand at just 154 million.

Today investors may notice that the stock markets are diverging significantly. Interestingly enough mega-cap stocks have not. Having trouble understanding why many tech stocks are down today.

Tech Stocks Falling on Wednesday. Tech is slowing taking over most other services. Stocks fall to start the week as tech stocks drag down market nasdaq loses 25 published sun may 9 2021 605 pm edt updated mon.

Why All Crypto Going Down Today Reddit. Stock market is down this month with investors anticipating the Fed will begin raising rates this year in a shift toward tightening its monetary policy against the. 1 end of the month funds re-balance stocks go up to start the.

This news includes Alphabet NASDAQ. GOOGL stock is down 8 as of Wednesday morning. GameStop GME stock offers a prime setup for a potential short squeeze.

Judging by the futures the. 10 Things to Know About the Reddit IPO. The problems from Snap are found in its earnings report for the third.

If you did your research and believe in the company then relax. 07 2021 900 AM ET AMLP. Why are tech stocks down today reddit.

As a result shares of. Stocks fall to start the week as tech stocks drag down market nasdaq loses 25 published sun may 9 2021 605 pm edt updated. The risk-to-reward profile is favorable for a 100 wager due to the unlimited upside potential of a long.

With tech stocks down and more defensive stocks higher it appears a full rotation between asset. 1876 billion vs 1780 billion expected. Here are the results.

September saw the CPI increase more than expected. Big Tech stocks arent doing so hot on Friday and it looks like traders have Snap NYSE.

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