Wall Street is firing a warning shot on red-hot tech stocks, and many investors don't see it coming
Tuesday, 12 June 2018 · *Analysts expect the pace of earnings growth in the technology sector to decelerate this year and into 2019. *
· *That's a key reason why the sector could soon underperform the broader stock market, said Citi's equity strategists. *
· *"Analysts’ forecasts may be too low, but if they are in the right ballpark, such...
TOKYO (Reuters) - Asian stocks pulled back on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade concerns. MSCI’s broadest index of...
According to Reuters, investors broadly sold off tech shares on July 30th, leading the top three indexes on Wall Street to end the day lower.
The FAANG group of stocks led loses on the markets, losing..