Apple, Tesla, and these shares were bought out of tech wrecks

font size Apple Store signs appear at Grand Central Station in New York. Michael M. Santiago / Getty Images To say it’s been a tough year for tech stocks is an understatement, with tech heavy Nasdaq Composite Landing in a bear market area and a stalwart like apple And Amazon Extension of loss periods for … Read more

IAC sees bargains in technical assessments. It is ready to shop.

font size IAC was founded by former film mogul Barry Diller. Leungphotography / Dreamstime With sharp cuts in tech stock prices, online holding company IAC is on its way to more deals. IAC (Stock Code: IAC) has been buying, building and selling online businesses for the better part of three decades. Founded in 1995 by … Read more

Stocks fall as growth fears accelerate; Decreased potential customers in the technical field

Updated at 12:05 PM EST The Dow Jones fell 552 points, or 1.7% Nasdaq is down 418 points, or 3.44%. S&P 500 slips 105 points, or 2.65% 10 year bonds trading at 3.0783% West Texas Intermediate crude futures fell $5.70 to $104.09 a barrel VIX +15% to 34.73 points Dollar Index + 22% to 103.869 … Read more

After the boom of the Covid era, new public technology stocks faced the first major obstacles

It was fun while it lasted, but after years of skyrocketing valuations, Silicon Valley has plunged into its worst sell-off since the 2008 stock market crash. After the pandemic-fueled boom sent tech names up, many of these companies experienced the worst six months of their lives as publicly traded companies. Peloton, the exercise startup, is … Read more

China promises a regulatory deferral for the tech sector. Analysts are skeptical.

font size China sticks to its no-Covid policy, but it has also said it will ease regulatory crackdowns on tech companies. Here, a subway station in Beijing. Wang Chao/AFP via Getty Images China’s recent statements that it will halt the long-term regulatory measures it is imposing on leading tech companies raises suspicions from analysts. The … Read more

What is the stock market doing today? Tech stocks lag while bond yields rise.

font size Shares rebounded in early afternoon trade on Monday after bond yields hit fresh highs. Photo by Spencer Platt/Getty Images Stocks were rebounding on Monday from earlier losses that came along with bond yields hitting new highs. In the afternoon trading, Dow Jones Industrial Average Gained 74 points, or 0.2%. The Standard & Poor’s … Read more

Travel boom: Which companies will leave the gate first

Travel is finally back as countries lift restrictions, hide mandates, and open their borders to tourists after two years of widespread caution. Airlines shares rose earlier this week then Delta Air lines (indicator: from Earnings season kicks off and profitability is back in March, even as fuel costs rise. The company added that total passenger … Read more

Stock Market Today: Tech stock slide, Musk offers to buy Twitter

font size A trader works on the floor of the New York Stock Exchange. (Michael Nagel/Bloomberg) Stocks were mostly lower on Thursday, as markets digested Wednesday’s rally and earnings reports from major US banks. Technology stocks were the biggest losers. In afternoon trading, the Dow Jones Industrial Average rose 87 points, or 0.3%. The S&P … Read more

Air travel takes off. The trip will be bumpy.

After two years of delayed earnings, airlines are finally preparing to reap the benefits of a much-needed recovery in travel throughout 2022 as travelers look to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 people shy of the 2019 figure. Meanwhile, airline … Read more

Return travel demand. Are the airlines ready for that?

After two years of delayed earnings, airlines are finally preparing to reap the benefits of a much-needed recovery in travel throughout 2022, as travelers look to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 people shy of the 2019 figure. Meanwhile, airline … Read more