Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
This comes on the heels of the down side we saw yesterday with a loss of almost 200 points. We will get to all of it, including the weak data that came out of china yesterday that is scaring people today. Another headline we are following, in colorado,. This is huge. This is what they need to be legitimate. This is a Seismic Shift in thinking regarding marijuana, access to bank accounts, and access to lines of credit. Are the banks concerned they could be unwittingly engaged in criminal activity . A lot to cover. If the treasury says this is ok, it will be a big deal. Also, how the Biggest Technology companies spot big trends and hedge against future competition. Lets get to the markets. Havehe entire hour, we very ritz holds barry. Also, hans. You know a thing or two about Global Markets and what is happening as we speak. He has served on the Steering Committee of the private Investor Committee for greece and was the cochairperson for argentine bondholders. Barry, what do you think is
Proquility Private Wealth Partners LLC increased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,517 shares of the company’s stock after buying an additional 2,405 […]
Founders Financial Alliance LLC reduced its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 47.6% in the fourth quarter, Holdings Channel reports. The fund owned 496 shares of the company’s stock after selling 450 shares during the quarter. Founders Financial Alliance LLC’s holdings in First Trust Cloud Computing ETF […]
D.A. Davidson & CO. Trims Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) themarketsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themarketsdaily.com Daily Mail and Mail on Sunday newspapers.