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Chinese tech stocks are getting slammed
7 monthes ago - By Business Insider
Chinese tech stocks traded in the US are set to take hit Thursday.
China's Shanghai Composite plunged more than 5% overnight.
On Thursday morning, all the US major tech giants are lower ahead of the opening bell.
Watch Alibaba , iQiyi , JD.com , Baidu.com , Pinduoduo, Nio trade in real time here.
Chinese tech stocks traded in the US are set to take hit Thursday as both tech stocks and Chinese stocks have been punished overnight.
Thursday's sell-off comes after the Dow Jones industrial average tanked 831 points, or 3.15%, on Wednesday as traders grappled with global growth concerns, trade...
Read more ...Square is getting demolished during the stock market's sell-off
7 monthes ago - By Business Insider
Global financial markets are in the midst of a massive sell-off this week and tech stocks are among the worst hit.
Payments companies like Square were leading the losses, despite impressive gains earlier this year.
On Wednesday, the company announced its CFO was departing to become the CEO of Nextdoor.
Follow the market's biggest individual stock moves here.
Square is getting demolished amid the stock market's bloodbath this week.
The payments stock is down more than 7% in pre-market trading Thursday after already losing more than 10% during Wednesday's rout. Shares are set to open...
Read more ...Chinese tech stocks are getting slammed
7 monthes ago - By Business Insider
Chinese tech stocks traded in the US are set drop Thursday.
China's Shanghai Composite plunged more than 5% overnight.
On Thursday morning, all the US major tech giants are lower ahead of the opening bell.
Watch Alibaba , iQiyi , JD.com , Baidu.com , Pinduoduo, Nio trade in real time here.
Chinese tech stocks traded in the US are set to take hit Thursday as both tech stocks and Chinese stocks have been punished overnight.
Thursday's sell-off comes after the Dow Jones industrial average tanked 831 points, or 3.15%, on Wednesday as traders grappled with global growth concerns, trade fears...
Read more ...Square is getting demolished during the stock market's sell-off
7 monthes ago - By Business Insider
Global financial markets are in the midst of a massive sell-off this week and tech stocks are among the worst hit.
Payments companies like Square were leading the losses, despite impressive gains earlier this year.
Follow the market's biggest individual stock moves here.
Square is getting demolished amid the stock market's bloodbath this week.
The payments stock is down more than 7% in pre-market trading Thursday after already losing more than 10% during Wednesday's rout. Shares are set to open Thursday's session about 30% below their record high of $101.15 set on October 1. For context...
Read more ...Tech stocks lead the decline on Wall Street
7 monthes ago - By Reuters
World equities slid to a three-month low on Wednesday and Wall Street fell more than 2 percent as technology shares tumbled on fears of slowing demand, while rising U.S. bond yields provided competition for high-riding stocks.
Read more ...Tech stocks are getting slammed in premarket trading as the bloodbath gets serious
7 monthes ago - By Business Insider
Tech stocks look set for a second punishing day on Wall Street.
All the major tech giants are down in premarket trading following a chastening day on Wednesday , when the FAANG companies lost a collective $172 billion in value.
As of 6.20 a.m. Eastern Time on Thursday morning, here's how Facebook, Apple, Amazon, Netflix, and Google stacked up in futures trading, ranked from worst to best:
Netflix: Down 2.5%
Amazon: Down 2.3%
Apple: Down 1.9%
Facebook: Down 1.8%
Google: 1.5%
Among the other big fallers was Square, which was down 9.6% around the same time. Square's CFO Sarah Friar announced...
Read more ...
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