Stocks hammered by tech declines, global trade concerns
In this article:
A tough day on wall street with FAANG stocks falling into bear territory
Advertisement
Recommended Stories
California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.
Business Insider•Analyst revises Google parent Alphabet's stock price target before earnings
Here's what could happen next to Alphabet's shares.
TheStreet•Ford Stock Soared Today for 1 Big Reason and 3 Smaller Ones
Wall Street doesn’t get any credit for the move. There are no stock upgrades or price- target changes to cite.
Barrons.com•Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.
There are many more companies beyond Nvidia that will see their stocks soar on the promise of AI, Goldman says.
Business Insider•If You'd Invested $250 in Berkshire Hathaway 5 Years Ago, Here's How Much You'd Have Today
Berkshire stock produced huge gains for decades. But what about the last five years?
Motley Fool•Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
Business Insider•