Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Tech stocks plummet as inflation fears hit the market

Published

on

Tech stocks drop

Fears of rising inflation hammered Wall Street stocks overnight with technology shares baring the brunt.

Investors amplified new concerns about the rebound from COVID19.

The brutal drop began earlier in the week, continuing into a third consecutive day of losses. 

Tech stocks suffering their worst day since March 18, while the Dow had its worst showing since late January.

Down 2% in a day

The Dow Jones, S&P 500 Index and Nasdaq all plummeted, closing more than 2% lower on the day.

With a weekend cyber-attack sharply driving up the cost of gas nationwide, investors are worried about inflation.

A system-wide disruption following a cyberattack on a key energy pipeline operator sent gasoline prices higher.

YOU MIGHT ALSO LIKE | SHIB drops 40% – Gets major exchange listing with OKEx

The concerns over faster growth and soaring prices complicates the Federal Reserve’s policy of allowing the economy to run hot.

“I believe the Federal Reserve is more focused on the employment part of its dual mandate and will remain accommodative for as long as it takes to ensure the economy returns to full employment,” says Nancy Davis, founder and portfolio manager at Quadratic Capital Management.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

on

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations


The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker


Download the Ticker app

Continue Reading

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

on

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.


Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

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


Download the Ticker app

Continue Reading

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

on

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


Download the Ticker app

Continue Reading

Trending Now