NASDAQ 100, Dow Jones 30 and S&P 500 Forecast – US Indices Slump Slightly in The Early Hours of Thursday
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Read MoreTech Stocks Slide as Marvell Brings Down AI Trade
The stock market was poised for another big drop after Marvell Technology’s earnings report sparked further selling in AI stocks.
Nasdaq 100 futures dropped 1.4%. S&P 500 futures were down 1.1%. Dow futures were down 0.9%.
Tech stocks were falling after Marvell Technology’s earnings report—which actually beat expectations—sent the chip maker’s shares tumbling.
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Read MoreA Semiconductor Company is investing over $100 million in Onondaga County
DEWITT, N.Y. (WBNG) — According to Onondaga County Executive Director, “Onsemi,” a semiconductor company, has acquired the former NextGen fab facility. The goal is to invest millions in the community and create dozens of jobs.
Onsemi plans to invest nearly $120 million in the county and create 80 new jobs in the semiconductor industry.
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Read MoreE.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
The European Central Bank lowered interest rates on Thursday, the sixth consecutive cut, as the economic landscape for the region rapidly changes.
The bank’s key rate was cut by a quarter point to 2.5 percent, which was widely expected as inflation in the region has stayed relatively low and economic growth has been weak.
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Read MoreThe US economy is heading for recession
Happy Sunday. This week I return to the US economy.
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Read MoreThe Burst
1 Fast Growth Stock To Buy On The Dip
In the world of cybersecurity, Okta is synonymous with secure identity management but even the protector sometimes needs protection. The leader in identity and access management suffered not one but two high-profile breaches over the span of a single year, creating a nightmare scenario for investors.
As a leading cybersecurity company specializing in identity services,
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Read MoreThe Ivy
Airline Stocks Plummet Now, What’s The Best Play?
It’s a strange phenomenon that at this time of year the airline industry, which you might think sees an uptick in travel spending, actually sees share prices nosedive.
More specifically, the share prices of airlines goes down even as those companies tend to make more money in the coming months as travel demand spikes.
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Read MoreThe Spotlight
1 Underrated Tech Stock to Beat the Market
The CPaaS, or communication platform as a service, market is seeing tremendous growth. According to Juniper Research, the CPaaS industry could hit the $10 billion revenue mark globally by the end of 2022. And if businesses continue adopting APIs for business-to-customer and customer-to-business interactions, it could reach $35 billion by 2026. One underrated company serving this industry has the potential to beat the market: Twilio (NYSE:TWLO).
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