Meta, Uber and other internet stocks to buy after the big market drop

Text size Uber shares are attractive after falling 44% this year, analyst says. Justin Sullivan/Getty Images Internet stocks fell more than the general market as investors worried about the potential for a widespread economic slowdown. But RBC Capital Markets says selling now offers buying opportunities. the First Dow Jones Trust Internet Index Fund (ticker: FDN), … Read more

Strategists reveal how to negotiate the sale

Investors and strategists revealed how they were playing in the battered tech sector, naming several stock market opportunities in a market they believe could bottom. Lee Baker, owner and chairman of Apex Financial Services, described Apple and Microsoft as “good solid companies” that investors should consider now. Speaking to CNBC’s Squawk Box Europe on Friday … Read more

Top picks for buying the dip in an undervalued market

Morningstar’s David Sekera thinks the market sell-off seems overdone – and reveals which tech stocks he thinks are attractive right now, as well as his picks for taking advantage of the return to consumer spending. After years of beating the market, tech stocks came under fire this year as expectations of aggressive tightening from the … Read more

Obama calls for tech regulation to tackle misinformation on the internet

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Former President Barack Obama said Thursday that the spread of misinformation online is hurting American democracy and the tech industry needs regulation and legislation to fix the problem. “The very design of these platforms seems to be pointing us in the wrong direction,” Obama said at a Stanford Cyber ​​Policy Center event. The comments come … Read more

Alphabet CEO Sundar Pichai: Interview with CNBC

Alphabet CEO Sundar Pichai: Interview with CNBC

CNBC: Sundar Pichai, CEO of Alphabet and Google, interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the wider market. “We certainly see the uncertainty ahead of us, like everyone else,” Pichai … Read more

Alphabet CEO Sundar Pichai: Interview with CNBC

CNBC: Sundar Pichai, CEO of Alphabet and Google, interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the wider market. “We certainly see the uncertainty ahead of us, like everyone else,” Pichai … Read more

Facebook plans to cut hiring as revenue growth slows

Facebook Co-Founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee at the Rayburn House office building on Capitol Hill on October 23, 2019 in Washington, DC. Zuckerberg testified about Facebook’s Libra cryptocurrency proposal, how his company will deal with false and misleading information from political leaders during the 2020 campaign, and how … Read more

Why a Fragile Stock Market Is Threatened by Rising Real Yields as the ‘TINA’ Trade Fades

Rising inflation-adjusted yields in the United States are undermining long-term trading in which investors prefer equities over other asset classes and are poised to hit the tech sector even harder. This trade – known as “TINA”, an acronym for “There is no alternative” to stocks – is increasingly tested by real returns, which have risen … Read more