Page 6 - Tech Stocks

Best of BS Opinion: Award for auctions, tech stocks are booming, and more

Here's a selection of Business Standard opinion pieces for the day

Another tech bubble?

Tech stocks are booming and the rally shares several features with the dotcom bust of 2000

Industrials, tech stocks lift Wall Street at the end of choppy month

Ten of the 11 major S&P indexes were trading higher, with energy also among the biggest gainers in early trading.

Tech stocks lift Wall St even as Covid impact on economy dampens sentiment

The information technology index jumped another 1.2% after outperforming for most of the week as investors ditched value-linked stocks in the face of deteriorating economic data

Global shares struggle to shake off bearish mood as US tech giants fall

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, hovering just above a one-month trough touched earlier this week

Asian shares mixed after technology fall leads US stock fall on Wall Street

Asian shares were mixed on Friday following a selloff of technology shares on Wall Street. Big tech stocks might have seemed like safe havens, but they have found themselves at the center of a brutal sell-off, said Stephen Innes, chief global market strategist at AxiCorp. Japan's benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading at 23,314.98. South Korea's Kospi dropped 0.3% to 2,389.21, while Australia's S&P/ASX 200 lost nearly 0.9% to 5,856.40. Hong Kong's Hang Seng gained 0.3% to 24,377.42, while the Shanghai Composite was little changed at 3,235.07. Concerns about the coronavirus pandemic and the big hope over a vaccine in the works overshadow the global market, analysts say. While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices shot too high. The catch is that progress in curbing COVID-19 could hurt technology shares, Innes said. But keep your eye

Indians investing in US equities should avoid bubbles, fads: Rob Arnott

"I wish fiscal and monetary "stimulus" weren't called "stimulus". It doesn't stimulate anything; it transfers wealth from future spending to today," says Arnott

Nasdaq rebounds after tech stocks stabilise, Tesla's shares jump 10.92%

Analysts said the Nasdaq's ability to hold its 50-day moving average, a technical support level, was key in reversing the market's direction.

SoftBank sheds $15 billion in market capitalisation on US tech stock rout

TOKYO (Reuters) - SoftBank Group Corp <9984.T> shares were down 5% in afternoon trade on Wednesday, extending this week's slump that has wiped $15 billion from its market capitalisation, as investors worried about the conglomerate's exposure to sliding U.S. tech stocks.

Global Markets: Tech rout roils Asian shares, oil futures extend slump

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.12%. Australian stocks dropped 2.24%, while shares in China fell 1.16%

Dollar and yen rise as tech stocks selloff sends investors to safety

In early trade the safe-haven Japanese yen rose to a one-week peak of 105.83 per dollar as investors looked to jittery equity markets to set the tone

World Coronavirus Dispatch: Students across globe returning to classrooms

Boris Johnson earmarks £500 mn for mass rapid testing, Sanofi starts trials of vaccine, Steroids could reduce deaths by a third, and other pandemic-related news across the globe

S&P 500, Dow Jones rise after mixed bank earnings; tech-heavy Nasdaq falls

Largest US lender JP Morgan Chase & Co was up 0.2% after it posted a smaller-than-expected 51% drop in second-quarter profit.

Wall Street opens lower on coronavirus crisis, simmering US-China tensions

New coronavirus restrictions in California hit tech stocks for a second straight day.

Tech stocks lift Wall Street as worries over rising coronavirus cases mount

The World Health Organization reported a record rise in global coronavirus cases on Sunday, driving demand for perceived safe-havens, including gold and longer-term US Treasuries.

Sensex drops 740 pts from day's high; auto, tech stocks post strong gains

Markets couldn't hold the strength during the day as selling pressure was witnessed in heavy index

Tech-related firms in focus; PPFAS adds Microsoft to portfolio in April

Microsoft is one of the leaders in the cloud computing segment segment, besides Alphabet (Google) and Amazon, making the stock attractive

Day 1 of China's Nasdaq equivalent: 3 billionaires created on 'Star'

The 25 companies that debuted on the so-called Star market rose an average of 140% in the first trading day

Once market darlings, tech stocks enter 'prove-it-to-me' era

More than a third of tech stocks in S&P 500 have declined in 2018