Beaten-Down Cloud Software Stocks Get Boost as ServiceNow and Qualtrics Top Estimates
An index of cloud software stocks is down 38% from its high in November, but two key members gave a reason for optimism on Wednesday.
Source: nbcdfw.com
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WisdomTree Megatrends: A Pulse Check on Valuations as Interest Rates Rise
In late November, Federal Reserve chair Jerome Powell hinted at an accelerated wind-down of the Fed’s easy-money policy.
Source: etftrends.com
Rare Valuation Opportunities Afoot in Some Megatrends ETFs
Equities are off to a dismal start to 2022, with high-growth and technology stocks ranking among the worst offenders.
Source: etftrends.com
Databricks CEO Dismisses Cloud Sell-Off, Says Growth Rates Will Determine Valuations
Databricks, valued last year at $38 billion, is now focusing on industries such as retail, and its CEO isn’t worried about a cloud sell-off in recent weeks.
Source: nbcphiladelphia.com
Bitcoin slips under the $40,000 mark – TechCrunch
The value of bitcoin fell under the $40,000 mark in early morning trading today.
Source: techcrunch.com