Microsoft Corp (NASDAQ: MSFT) is one of the world’s leading technology companies, responsible for many multi-billion dollar businesses like Office 365, Azure, Xbox, Github and more.
US stock markets dropped their bundle overnight after the Bank of England warned of double-digit inflation and rising recession risk in the UK.
The Reserve Bank raised interest rates, from 0.1% to 0.35%. Unprofitable companies like Tyro Payments Ltd (ASX:TYR) and Dubber Corp Ltd (ASX:DUB) are no longer my cup of tea.
The sell-off in US stock markets intensified on Tuesday with all three benchmarks dropping more than 2% as earnings began to disappoint.
The Dow Jones fell 0.5% on Friday, while the S&P 500 dropped 0.8% and the Nasdaq lost 1.7% as risk aversion remained prominent.
US stock markets surged on Friday with the Nasdaq gaining 1.6%, the Dow Jones up 2.5% and the S&P 500 adding 2.2%.
In a somewhat unexpected shift, the major US stock markets all finished higher on Thursday despite Russia’s attack on Ukraine.
In this episode of The Australian Finance Podcast, Kate Campbell and Owen Rask dive into the BetaShares Global Cybersecurity ETF (ASX: HACK) and provide listeners with a quick overview of how it works and how to use it as part of an investment portfolio.
Meta Platforms (NASDAQ:FB) stock price crunched. Amazon (NASDAQ:AMZN) takes flight. Is this end of FANG stocks? Or…Are FANG stocks cheap?
US stock markets continued to swing overnight as the selling pressure remains focused on tech, with the Nasdaq down 1.4%.
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