Pinterest Inc. New users were booming during the COVID-19 epidemic. iStock / Getty Images Pinterest Inc. And Snape Inc. has pushed the prospect of a return to online advertising from the downturn experienced at the start of the Covid-11 epidemic, but the optimism spread across the sector – especially Facebook …
Read More »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »Tech giants risk a 2001-style valuation collapse, says colored sockgen strategist
Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
Read More »This chart signal says stop buying megacap technology stocks
The recent pullbacks in megacapitalization technology sto g have now been long enough and have gone so far that they have triggered chart signals warning investors not to sink these stocks in too little time. Chart indicators shine through the widely followed 50-day simple moving average, which serves as a …
Read More »Here’s why the stock market crashed last week and what’s next for Wall Street
An volatility returned to economic markets last week with volatility, hampering almost uninterrupted climbs in U.S. stock index records and raising questions about the roadmap for Wall Street, leading to a framework of challenges for investors. Perhaps, the important question is, what happened to the hack in equity markets in …
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