NVDA Jun 2024 255.000 put
- Yahoo Finance
The biggest earnings week is still a month away: Morning Brief
Nvidia will report earnings in late May, an event that is likely more crucial to the overall market than the coming week's crush of results and economic data.
- Yahoo Finance Video
Big 6 tech stocks downgraded by UBS on 'collapsing' earnings
UBS Chief Investment US Equity Strategist Jonathan Golub downgraded the "Big Six" tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT) — from Overweight to Neutral citing "difficult comps and cyclical forces weighing on these stocks." In addition, Golub claims that the monumental earnings that catapulted these companies are "collapsing." Yahoo Finance Reporter Josh Schafer joins Market Domination to break down UBS' call on the majority of the Magnificent Seven tech leaders and what Golub forecasts for the tech sector in his note to investors. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
'Tech outside the US' as a better opportunity in tech: Strategist
As big names in tech Amazon (AMZN) and Microsoft (MSFT) gear up to report their latest quarterly earnings, many on Wall Street look towards this week for a signal as a to how the market may move, considering the weight of these companies within the S&P 500 (^GSPC). But, could there be more to the story for the tech sector? TPQ Advisory Founder & CIO Jay Pelosky joins Yahoo Finance to give insight into the performance of the tech sector and why he is looking outside of the US for opportunities in the tech sector. Pelosky offers his views on China's tech sector: "We're more keen on tech outside the United States, and in particular, in China. And so, we have identified what we call a two-tech stack divide between the US and China, where both countries are basically sealing off their tech sectors from each other, and we think that creates a real opportunity within China tech, which has been a huge laggard versus the US. Its e-commerce market is twice the size of the US, growing at 10% per annum, and the stocks, like Alibaba (BABA), Tencent (0700.HK), etc, are trading at a 50 to 60% discount to the United States tech stocks." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
