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Furthermore, a PEG ratio over 1 generally indicates that a stock is overvalued and that its price (market cap) is accelerating much faster than the expected growth in earnings per share over the ...
The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
The tech sector dragged US stocks lower on Monday, with major indexes down about 1%. The extended decline in the Nasdaq 100 and S&P 500 can be linked to rising bond yields over the past few weeks ...
The NYSE Arca Tech 100 Index is a price-weighted index composed of common stocks and ADRs of technology-related companies listed on US stock exchanges. The index is maintained by the New York Stock Exchange, but includes stocks that trade on exchanges other than the NYSE. Companies from different industries that produce or deploy innovative ...
BofA is watching how the tech-heavy Nasdaq 100 is trading against the S&P 500. It says a decline in the ratio between the two indexes could signal the end of the "US exceptionalism" trade.
Issar gave two reasons for the prediction: revenue production and margin improvement. The first will come from the money pouring into AI benefiting companies outside of Big Tech.
After a searing rally this year, the tech-heavy Nasdaq 100 is down more than 13% from an all-time high hit last month in a sell-off that has been blamed on everything from U.S. economic worries to ...
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