A retreat in share prices finally reaches tech stocks

STOCKMARKET BOOMS tend to narrow with age, as investors double down on the shares that have served them well. Throughout 2017 and into the early weeks of this year, a handful of favoured technology stocks, known as FAANG (Facebook, Amazon, Apple, Netflix and Google, part of Alphabet), were the motor for a rapid rise in […]

Stocks wipe out 2018 gains as FAANG stocks slide into a bear market

REUTERS/Lucas Jackson Stocks erased gains for the year Tuesday, dragged lower by the biggest technology companies. FAANG stocks entered a bear market, marking the first in seven years for Google parent Alphabet. Follow the US indexes in real time here. Wall Street erased yearly gains Tuesday as high-flying technology companies plummeted into a bear market, adding […]

Correlation Between Bitcoin And Stocks To Damage Crypto Industry?

Article was originally published at MintDice. The movement between traditional stock markets and the cryptocurrency markets is similar in many ways. This has been observed upon analysis of the gains and losses recorded by both in 2017 through 2018. However, if they actually do share a common ground, it may be based solely on sentiment. Assets like bitcoin stocks […]