In a world of sputtering growth for technology companies, some investors are gravitating toward Microsoft Corp. as the closest thing to a safe bet.
Battered in the June selloff that sent American equities into a bear market, chipmaker stocks are staging a stunning rebound this month.
It’s getting complicated for investors in semiconductor stocks, with last year’s big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.
Skeptics have long made a sport of predicting that the decade-long rally in technology stocks was destined to reverse. At the halfway point of 2022, it seems like this is the year when they will be proven right.
For years, investors valued Facebook’s parent company as if its growth would never falter. Now that it has, fund managers who buy cheap, out-of-favor stocks are finally getting a chance to own shares of Meta Platforms Inc.
The world’s biggest technology stocks are crumbling on Monday as broad markets enter into bear market territory amid fears the Federal Reserve will send the US economy into recession.
The drubbing global technology stocks have seen this year may be far from over.
Two ETFs tracking the sector have outperformed the market.