Don’t buy this dip: Several signs suggest there’s more pain ahead for tech stocks
Thinking of buying the dip in technology stocks? The Nasdaq Composite’s technical outlook suggests don’t do it — at least not yet.
Similar Posts
BIS: Tokenized Deposits Beat Stablecoins for Digital Payments
In a speech delivered at the Jackson Hole Economic Symposium, hosted by the Federal Reserve Bank of Kansas City, de Cos said that while both technologies use tokenization, they have important differences in terms of the monetary system. In terms of singleness, or the ability of monetary units to be redeemed at par into central…
A Vocab Playbook for Merchants Navigating Agentic Standards
The biggest mistake merchants could make in agentic commerce may be waiting for one protocol to win. There probably won’t be one. The emerging infrastructure for artificial intelligence (AI)-driven shopping is beginning to look less like the early browser wars and more like the internet stack itself, comprised of multiple protocols performing different jobs simultaneously….
Synchrony CFO: Consumers ‘incredibly responsible’
Key insights: Synchrony Chief Financial Officer Brian Wenzel said at the Barclays Global Financial Services Conference that consumers’ spending and payment behaviors were “holding very firm” despite inflationary pressures. What’s at stake: Inflation has held at 3.4% for two months, and the national average price of gasoline is over a dollar more than it was…
Senate report: Three big banks ignored red flags on Epstein
Senator Ron Wyden, D-Ore., the ranking member of the Senate Finance Committee, released a report on convicted sex trafficker Jeffrey Epstein. Joshua Roberts/Bloomberg Processing Content Key insight: Sen. Ron Wyden, D-Ore., said JPMorganChase, Deutsche Bank, and Bank of America ignored evidence of sex trafficking and money laundering to maintain relationships with Jeffrey Epstein and billionaire…
HermèS: 3 Reasons To Buy Despite Challenging Luxury Market
HermèS: 3 Reasons To Buy Despite Challenging Luxury Market
