Correction Technology News Today

Thematic global team if you were looking for big tech to come to the rescue today, youre going to have to look somewhere else that is your picture right now with the nasdaq getting hit the hardest, down more than 300 points, 2 3 4 look, this is not what we wanted people like me have been talking about the broadening of the rally. You were getting that but this week youve had the down side, which we didnt want to see of tech giving up gains its been the whole week, right. Microsoft had a bad reac...

Well. Geordie joining us is johnson. How much more shakeout do we get from investors having to rebalance . As a bustedsla growth story. The revenues peak in the Fourth Quarter of 18. 690,000 of capacity. If they hit delivery members this year, only 63 of reported capacity. Building two new factories. Completely is mismatched. We think it is coming to the forefront in the stock. What gets us to 19 . Tesla has been unprofitable. Subsidies toed sell credit. People do not need to buy tax credits any...

Everybody. Well see how the nasdaq settles. It is just about at that level right now. Look at big tech titans, microsoft, amazon, alphabet, facebook, apple, all those individual stocks down significantly today. Apple down nearly 7 . Apples market cap falling below the two trillion dollar milestone as well. On top of that, it is the worst day for oil in three months, sliding to the lowest level since june. Well cover all angles of this. Fox Business Team coverage, blake burman at the white house,...

Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far ...

That. We are going to let you weigh in. You can vote at cnbc. Com vote. Tyler is off today so simon is my partner. Lets check back on the markets. The dow and s p 500 holding steady. The nasdaq getting clobbered. There is an active discussion about the proportion of the composite and the russell 2000. They are in correction territory down over 20 . It is that research and analysis doing the round and the possibility that you are actually narrowing the Risk Appetite in the market that people are ...

A look at last year the euro zones economy expanded by more than two percent but in the United Kingdom g. D. P. Rose just one and a half percent now this year British Economic growth is expected to slow from that figure because of the weaker forecast investors have switched to cash out of pound sterling its value dropping fifteen percent since the brics that referendum thats making imports more expensive pushing up Consumer Prices at three percent that is the highest point in five years for infl...