Page 3 - Tech Names News Today

Being a very tested and weak time for the economy. you look at the stock market all the time, charles. lets look at tech names. the major tech companies are trading down while the s&p 500 is trading up. what does that tell you? that tells you youre looking at a weak holiday season to come. an environment where well see lay-offs in technology, well see a weaker period for tech. it also has to do with regulation. just in with where we were earlier in the show, when i mentioned the energy states. w...

The fed will be aggressive. 75 basis points. >> that strong dollar wasnt at play in amazon. nobodys crying for jeff bezos losing $23 billion on paper. theyre probably in your 401k. what do you make of this rotation were seeing in the big tech names that have led the market during the pandemic and are now showing signs of weakness? what does that say more broadly about the economy, john? >> workers and businesses are re-allocating how theyre spending their time and how theyre spending their money...

Clients? im sure the old rebalance, you always need to be rebalancing, right? >> thats true. and, in fact, you know, what happened is the s&p got more and more into tech itself. so people, they had their s&p funds and then they added on additional tech names. and so weve seen that movie before. we saw it in the late 90s and early 2000 where people super loaded into tech, and there was a shift away from that. this time what you should have been doing and hopefully what you can still do is, is tak...

Foxconn shut protection for the apple iphone 13 for six days. as you have said, —— shut production. some car manufacturers have had to. the component makers in taiwan are now having to stop making things like circuit boards and touch—screen modules which go into those iphones and those cars. and there is a bit of an unknown factor here in the rise in the number of cases, the mix of delta and 0micron, we dont know how people will be impacted health—wise. know how people will be impacted h...

Talking. the secretary price understands in washington, sometimes they cant let a cry it is go. pleasure to see you. >> amen. >> charles: happy to see you. hanpy new year. >> happy new year. >> charles: the dow jones industrial average moved closer to 37,000. the nasdaq did the exact opposite. it got shellacked. gary kaltbaum is here with us. the value names on the dow shot higher. the high flying tech names, the gadget names got crushed. whats going on? >> the growth names have been in trouble ...

Working there they better be vaccinated. theyre tightening things up. charlie gasparino on that. i mentioned a couple of you were asking what is going on with tech stocks today, neil. the dow didnt do much. what about to the nasdaq? showing nasdaq falling about 2.5%. that would be close to 400 points. now technology issues that dominate the nasdaq, theyre very sensitive, perhaps overly sensitive to a hike in interest rates. they were disproportionately affected here. sometimes that doesnt pan ou...

Cathie Wood made the first appearance in her Monday media tour when she took to CNBC at 3PM eastern to talk about the tech rout, which has crushed numerous ARK ETFs. ARKK was plumbing new lows when the conversation started with "the woman who has captured the attention of Wall Street", as CNBCs Wilfred Frost introduced her. About The Sell Off When asked how concerned she was about the market, Wood did not attribute the tech pullback to rates rising. "Weve been struck that the market never p...

New records the nasdac training over 9,000, so driving the year- end gains trade optimism of course and robust holiday sales showing the consumer is alive and well. holiday sales grew 3.4% overall, that was according to mastercard spending pulse, and the survey also shows that online sales were up 18.8%, as consumers were shopping on their devices more than in the stores. earlier this year, there was some recession talk, remember that? there were concerns that consumer spending would slow, doesn...

The first quarter. 5.5%. last quarter 2.6% growth and this time 2.4%. strong wages and strong compensation has been the underpinning of our economy and the world economy. >> sandra: spending has been down. >> business spending. intellectual property has gone up. thats why the tech names keep riding up pretty high. >> bill: gm coe at the white house today. general motors, now one of the smallest auto manufacturers there. moved major plants to china before i came to office despite the saving help ...

Google and facebook and whether there is enough competition in the tech sector. lets bring in charles payne host of making money on the fox business network. despite the scare, markets up big time today. the dow is up 352 points. >> a nice rebound. the tech names are wishy-washy as facebook, amazon. up fractionally. >> facebook is down. theyre under a tremendous amount of pressure. the market reacting there wont be mexican tariffs and federal research chairman said something positive opening the...