News with the tag "tech stocks"

A new JPMorgan analysis has found that Bitcoin (BTC) has the strongest correlation with small-cap tech stocks , particularly those in the Russell 2000 index , according to The Block . This connection is driven by crypto’s dependence on venture capital funding and its alignment with innovation in eme...

On August 5, Daniel Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities, shared his thoughts on Bloomberg TV regarding the current state of the tech stock market. Despite recent market jitters, Ives emphasized that this period represents a buying opportunity for large-ca...

The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.

Over the past week, following a strong upward momentum, the market experienced a retreat influenced by the US stock market. Has this round of rebound reached its peak? Recently, although calls for a US interest rate cut have been increasing, the US stock market seems to be reacting faster. The forme...

Renowned economist Albert Edwards warns of an imminent tech stock correction, citing overvaluation and historical parallels. Edwards is a well-known economist and market strategist, particularly recognized for his bearish outlook on the global economy. He has been a prominent figure at Société Génér...

Earlier today, Holger Zschaepitz, a seasoned financial analyst, highlighted the profound impact of net U.S. liquidity on growth-oriented assets like technology stocks and cryptocurrencies. Accompanying his statement, “It’s the liquidity, stupid!” on social media on May 6, Zschaepitz shared a Bloombe...

Q1 earnings of tech companies show a year-on-year increase as momentum builds with improved macroeconomic factors. A new Zachs’ report points to steady growth in various sectors although companies struggled to meet revenue estimates. According to the report, Q1 earnings of 139 S&P 500 members saw a ...

Crypto markets are currently undergoing a consolidation phase ahead of the most awaited halving and after hitting all-time high levels. In the middle of speculations, market participants have raised bets on a bull run post-halving, as also suggested by historical data. In the middle of anticipation,...

In a compelling conversation with Bloomberg’s Francine Lacqua on March 14, Michael Hartnett, Chief Investment Strategist at Bank of America Corp., shared insights into the current state of the financial markets, directly from Rome at the Bank of America Global Investor Summit. His observations highl...

On February 9, the day that marked the S&P 500 closing above 5000 for the first time, the spotlight turned to retail investors and their influence on this rally. Yesterday, in a conversation with CNBC’s “Fast Money,” Lule Demmissie, the US CEO of the popular trading platform eToro, shared valuable i...