Over the years, the big tech companies have made enormous amounts of money by monetizing discussions about politics. But now that Twitter and Facebook have silenced President Trump and have deeply alienated large portions of their user bases, their stock prices are tumbling. I figured that this would happen, but I didn’t anticipate that it … Continue reading Wow, That Was Fast…The Fast Fall
Technology stocks sold off sharply on Friday, taking a toll on the Nasdaq and dragging on other major Wall Street indexes, which touched record highs earlier in the day. The technology sector .SPLRCT, which soared this year and led the market's rally, finished down 2.7 percent, after paring declines. But financials .SPSY and energy .SPNY, which have … Continue reading Tech stocks tumble, taking down Nasdaq as big names sink..Is the writing on the wall!