tech stocks Archives - Financial Mirror

‘Magnificent Seven’ combined market cap $1.2 trln short from July

July’s tech selloff sent shockwaves through the market as investors shifted away from mega-cap stocks and high-growth sectors in favour of smaller-cap stocks and sectors more likely to benefit from potential interest

23rd September 2024

Companies/Markets/World

AI stocks to rally as Fed cuts rates for first time in years

With the Federal Reserve expected to cut interest rates for the first time in four years, the AI sector – which is experiencing a dip – is primed for a significant rally,

18th September 2024

Markets/World

Nvidia sheds 10% in a day, but don’t write it off just yet

Nvidia shares fell almost 10% on Tuesday, erasing nearly $300 bln in value — the biggest single-day loss ever for a US stock — but investors shouldn’t write-off this chipmaker, should consider

4th September 2024

Companies/Markets/World

Can China stocks sustain comeback?

Stocks in China have staged a remarkable comeback so far this year and it’s likely there’s more upside to come, according to bullish predictions by the CEO of a leading financial advisory

8th May 2024

Markets/World

Plunge in tech stocks a golden opportunity?

The 10% drop in Nvidia’s share price and the broader stock market drop that is triggering jitters across the world could be the opportunity investors had been hoping for a few weeks

23rd April 2024

Markets/World

Nvidia 5yr return over 1,700%, more than Apple and Amazon

US chipmaker Nvidia (NVDA) is having another fantastic year. After ending 2023 as the best S&P 500 performer, with a whopping 236% gain, the AI giant added over one trillion dollars to

23rd April 2024

Companies/International/Markets/World

Nvidia stock value up $1 trln in Q1

US chipmaker Nvidia continues breaking records after ending 2023 as the best S&P 500 performer, with a whopping 236% gain. The AI giant’s better-than-expected Q4 results helped add more than $400 bln

8th April 2024

Companies/International/Markets/World

Magnificent Seven stocks ‘look cheap’

The Magnificent Seven tech stocks look cheap compared to other stocks within the S&P 500, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.

16th March 2024

Markets/World

Investors warned, despite S&P 500 highs

Wall Street’s S&P 500 reached its first record close in more than two years on Friday, closing at 4,839.81 and surpassing the prior record close of 4,796.56 on January 3, 2022. Yet,

22nd January 2024

Markets/World

Tech buoyed by Amazon earnings, other stocks struggle

By Craig Erlam It’s been another tough week for European stock markets which ended in the red once more amid concerns over the economy. Investors have been worried about the eurozone economy

27th October 2023

Markets/World