Page 2 - Big Tech Stocks

Zuckerberg loses $7 billion over Facebook outage; Telegram, Signal gain

The stock slide sent Zuckerberg's worth down to $120.9 bn, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index

Nasdaq ends sharply lower; rising Treasury yields sink Big Tech

The Dow Jones Industrial Average fell 0.94% to end at 34,002.92 points, while the S&P 500 lost 1.30% to 4,300.46

Chinese tech stocks' brief revival is already showing signs of fatigue

The rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid headlines of fresh crackdowns, trimming its weekly gain to 7.3

More drops in Big Tech pull stocks lower; Bitcoin drops another 20%

US stocks are opening broadly lower, extending a weak streak into a third day.

Cathie Wood's Ark ETF sees 91% of holdings tumble in tech rout

Hardest hit in the portfolio listed in the fund's May 7 holdings disclosure were two biotech stocks.

Amazon to raise pay for more than 500,000 workers to attract more workers

Amazon has been criticised for not paying its workers enough

Mega-cap stocks fall after Netflix begins the day with poor earnings

Shares of mega-cap firms, including Apple, Amazon.com, Facebook and Tesla, fell between 0.3 per cent and 1.8 per cent

US stocks open higher on Wall Street with help from Big Tech companies

Stocks are starting higher on Wall Street with an assist from technology companies, which have seen big swings in recent days. The S&P 500 index was up 0.7 per cent in the early going Thursday, while the tech-heavy Nasdaq was up 1.7 per cent. The Dow Jones Industrial Average was up a more modest 0.2 per cent, a day after closing at its latest record high. The recent return of stability to the bond market has been reassuring investors after a sudden spike in long-term interest rates over the past month prompted traders to dump tech shares, which started to look expensive after months of gigantic gains.

Boosted by tech stocks, Norway wealth fund earned $123 billion in 2020

Norway's $1.3 trillion sovereign wealth fund is the world's largest

M-cap of top 7 global tech stocks surged 61% last year, shows data

Apple alone commands a market cap of over $2.2 trillion, which is more than GDP of several countries, such as Brazil, Italy, Canada, and Russia

Big tech bets and cryptocurrencies power 2020's top US funds

The year was a challenge like few others for the $21.3 trillion mutual fund and $4.4 trillion ETF industry

Characteristics of bubbles

There is no reason why the potential bubble in tech stocks will pop anytime soon

Trump vs Biden: Wall Street expects a slog for big tech no matter who wins

Some fund managers say they are growing alarmed by what they see as a consensus in Washington to tighten regulations

At $200-billion market capitalisation, Reliance Industries isn't like FAANG

Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone

SoftBank shares slide 5% after news on tech stock options big bet

TOKYO (Reuters) - SoftBank Group Corp <9984.T> shares fell 5% in early trading on Monday as the conglomerate's big bets on equity derivatives tied to listed technology companies made investors uncomfortable.

Big Tech may fail: On dot com bubble anniversary, a truth to remember

Today's tech giants have more substance to keep them aloft than those that dominated during the tech-stock boom, but they still may not be great investments

Big tech enters an era of uncertainty, becomes driver of US stock markets

Many of those who are closely involved in tech inventions and innovations feel that we may now be in the midst of accelerating disruption

Wall Street opens higher as tech stocks rebound

Investors are awaiting Janet Yellen's speech later in the day for clues on interest rates

Five big tech stocks build market euphoria

It is not today's earnings that investors are betting on, but tomorrow's, the argument goes