Money

NASDAQ takes a hit as tech stocks plummet, again

Published

5 years ago

May 5, 2021

ticker NEWS

It’s been a painful night for tech investors at Wall Street with falling tech stocks

NASDAQ has seen stocks falling in some of the largest tech companies.

The big giants including Apple, Tesla and Amazon sent the NASDAQ slumping.

The S&P 500 also pared losses amid gains in commodity, financial and industrial shares.

The S&P500 was down around .7 per cent, the NASDAQ plunged nearly 2 percent.

Crypto takes a hit as NASDAQ stocks fall

Cryptocurrency has also been impacted, with Bitcoin and Ether also both taking a hit.

The markets were also rattled when Treasury Secretary Janet Yellen said rate hikes will likely rise as the economy bounces back.

Later in the day, Yellen followed up by saying she wasn’t predicting or recommending rate hikes on the NASDAQ.

Chris Larkin, managing director of trading and investing product at E-Trade Financial, says: “while it may be premature to declare the end of tech’s underperformance phase, keep in mind that the sector is more than a handful of mega-cap names—traders may see opportunity in lesser-known pockets of the sector.”

Stocks end mostly lower, with Nasdaq slumping nearly 2% as tech shares sell off https://t.co/bViZKVjJ69
— MarketWatch (@MarketWatch) May 4, 2021

“Amid new highs, it’s not surprising for the market to be moving somewhat in a holding pattern of late. And tech’s somewhat surprising comeback could have some traders questioning if tech names are here to stay, or if cyclical sectors will outperform as the economy edges closer to full recovery.”
Chris Larkin, managing director of trading and investing product at E-Trade Financial, said in an email.

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

1 day ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue

Money

S&P 500 and Nasdaq rally ahead of Fed meeting and earnings

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

Published

2 days ago

January 27, 2026

Harvey Vargas

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

The S&P 500 and Nasdaq have climbed for the fourth consecutive session as investors brace for upcoming earnings reports and a Federal Reserve meeting.

Both indexes reached their highest levels in over a week, marking the longest series of gains since December.

#StockMarket #SP500 #Nasdaq #TechStocks

Money

U.S. and China approve TikTok sale to American investors

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

Published

6 days ago

January 23, 2026

Harvey Vargas

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

The United States and China have officially approved a deal for TikTok’s US operations to be sold to American investors, led by Oracle and Silver Lake.

This marks a major shift in the social media landscape as the platform navigates increasing regulatory scrutiny.

Under the new agreement, ByteDance will retain just under 20% of TikTok US, while Oracle and Silver Lake will each take 15% stakes. Other investors will also participate, forming a structure designed to satisfy both commercial and regulatory demands.

The new US-based entity will have a majority American board tasked with overseeing data protection and content moderation. Despite these safeguards, concerns remain about ByteDance’s influence and whether the deal fully complies with recent legislation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#TikTokSale #USChinaDeal #Oracle #SilverLake #ByteDance #TechNews #SocialMedia #DataProtection