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Big Tech appears to be tipping into troubled territory again. Read previewIn 2022, US tech companies grappled with falling demand after aggressive expansions during the pandemic, prompting a rout in tech stocks. This concentration makes the effect of any major decline in Big Tech stocks even more pronounced. All eyes on the rest of Big TechOther Big Tech companies, including Amazon, Apple, Microsoft, and Meta, report quarterly earnings next week. As for Big Tech, it appears to be a case of being safe rather than being sorry — because they can afford to.
Persons: , Michael Strobaek, Lombard Odier, Strobaek, Katherine Tangalakis, Jim Reid, Reid, Anthropic, Lombard Odier's Strobaek, Sundar Pichai Organizations: Tech, Service, Nasdaq, Business, Lombard, Big, Bloomberg, Google, Big Tech, Apple, Microsoft, Meta, Deutsche Bank, Amazon Locations: Swiss, Big Tech
Republican presidential nominee Donald Trump has said he wants a weaker dollar to boost US exports. Economists and analysts say a weak dollar policy would be costly and politically difficult to implement. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican presidential nominee Donald Trump has made it clear he would like a weaker dollar to make American exports more competitive. But economists and analysts are flagging challenges to making the greenback weaker — especially if Trump wins a second term.
Persons: Donald Trump, , Michael Strobaek, Lombard Odier Organizations: Service, Trump, Lombard, Business Locations: America, Swiss
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