Markets

The FAANG stocks are flirting with their best day in almost 3 years

Facebook on Tuesday reported third-quarter results that weren’t as bad as feared. Tech stocks in the FAANG basket all surged on Wednesday. The FAANG stocks were among the hardest hit during the stock-market selling in October. Watch Facebook,Amazon,Apple,Netflix and Google-parent Alphabet trade live. The most-popular tech stocks are flirting with […]
The FAANG stocks are flirting with their best day in almost 3 years
Markets

Here’s why ‘FAANG’ stocks could actually be hurt by a trade war

The so-called FAANG stocks may seem immune to the trade war to some, but Capital Economics Chief Market Economist John Higgins begs to differ. If the total value of goods that are hit with tariffs reaches a high enough level, the economy could slow down significantly, putting pressure on FAANG […]
Here’s why ‘FAANG’ stocks could actually be hurt by a trade war
Markets

Netflix has doubled in value this year

Netflix‘s value has more than doubled in 2018. It’s been surging all year, driven by impressive earnings reports. Watch Netflix trade in real time here. Netflix‘s value has double for the year, having appreciated 103.05% between December 29 – the last trading day of 2017 – and Thursday. The stock […]
Netflix has doubled in value this year
Markets

FAANG stocks are a ‘dead trade’

The FAANG stocks won’t see much more growth in the near future, according to Bill Studebaker, founder and Chief Investment Officer of Robo Global. Studebaker argues we are seeing a “reallocation” that will continue from large-cap tech stocks into market-weight stocks. The FAANG stocks have had a rough few weeks, […]
FAANG stocks are a ‘dead trade’
Markets

Snap is gaining on a tough day for tech stocks

Snap is far outperforming the NasdaqWednesday. Tech stocks are flat to down, after news of a Facebook data breach sparked a rough two days for the entire market. Watch Snap stock move in real time here. Snap shares are up almost 4% Wednesday, to a high of almost $US17 apiece. […]
Snap is gaining on a tough day for tech stocks