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Bubble Basket: Exploring The Astronomical P/E Ratios
Wednesday, June 21, 2023 - 5:34pm | 529Read More...Turning our heads to the US tech sector, we try to make sense of the hype. We wondered, basically; just how expensive the tech sector is. Nvidia (NASDAQ: NVDA) trades at 200x earnings; but AMD (NASDAQ: AMD) trades at 667x earnings. Palo Alto Networks (NASDAQ: PANW), on the other hand,...
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Wall Street's Euphoria About Tech Stocks Would Be Justified Only If Fed Cuts Rates By 300 Bps — Yes, You Read It Right!
Sunday, April 23, 2023 - 10:10pm | 508Read More...Wall Street traders appear to be overlooking signs that rally in technology stocks might be overdone as is reflected by the significant surge in the S&P 500 Information Technology Index as well as high equity valuations. What Happened: Expectations that the Federal Reserve will pivot from its...
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Tech Stocks Add To Earlier Loss, RIMM And JBL Among Top Decliners (RIMM, JBL, AAPL, DELL, MSFT, GOOG)
Tuesday, September 28, 2010 - 12:50pm | 230Read More...US Technology stocks fell to add to their decline in previous sessions. Shares of Research In Motion Ltd (NASDAQ: RIMM) and Jabil Circuit Inc (NYSE: JBL) were the top losers in the list. RIMM has launched the PlayBook in response to the iPad by Apple Inc (NASDAQ: AAPL). The PlayBook is likely to...
