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(Bloomberg) — Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) got hit after the close of regular trading as the Facebook…
(Bloomberg) — Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far. A $250 billion exchange-traded fund tracking the Nasdaq 100 (ticker: QQQ) got hit after the close of regular trading as the Facebook…
Wall Street struggled to gain traction as traders gearing up for key economic data and awaited Facebook parent Meta’s result, which sent the stock tanking in after-hours trading.
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Members fired up to get out and canvass for local and European elections
ASX to slip after Israel-Iran tensions fail to escalate. China widely expected to leave rates on hold. ECB says oil hike won’t delay cuts. Follow here for more.