News Search & Analytics
US Edition
Minimum 3 characters required!!

Tech's recent weakness is 'temporary speed bump,' Paul Hickey says

Sun Dec 10 13:00:16 EST 2017 | CNBC
Days after hitting turbulence, a sustainable comeback for tech stocks could be in the offing, according to Bespoke co-founder Paul Hickey. The Nasdaq created jitters in the market about a week ago, after it underperformed the S&P 500 index by its widest margin over a five-day period since May 2009. Investors had seen it as a warning sign that the rally could be over, but Hickey has an entirely different prediction. "When the best-performing sector sees a major move like that, it tends to rai..

Advertisement


Days after hitting turbulence, a sustainable comeback for tech stocks could be in the offing, according to Bespoke co-founder Paul Hickey. The Nasdaq created jitters in the market ..
Days after hitting turbulence, a sustainable comeback for tech stocks could be in the offing, according to Bespoke co-founder Paul Hickey. The Nasdaq created jitters in the market ..
Investors should be a little cautious following the recent rally in the stock market, according to JJ Kinahan, chief market strategist at TD Ameritrade He sees value in energy stoc..
Bouncing technology shares are putting a perfect year back within reach of the U.S. stock market. While short of a recovery, the advance in the market’s biggest industry has helped..
Social media giant Facebook will lead the "FANG" stocks higher in 2018 with no correction in sight, according to Evercore ISI. In fact, given the large addressable markets that are..
The Nasdaq composite rose 0.21 percent to close at 6,776.38 as Facebook share gained nearly 2 percent. Evercore ISI initiated Facebook with an outperform rating. Analyst Anthony Di..
* Home Depot falls after announcing buyback plan * Oil falls after surprise rise in US fuel inventories * Indexes up: Dow 0.12 pct, S&P 0.04 pct, Nasdaq 0.12 pct (Changes comme..
* Ex-Japan Asia up slightly on rebound in some tech names * Oil, copper lick wounds after sharp falls earlier in week * Bitcoin hits another record high above $14,000 * European sh..
(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also worked ..
NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as..
NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as..
* Tech rebounds following recent selloff * Home Depot falls after announcing buyback plan * Oil falls after surprise rise in US fuel inventories * Indexes: Dow +0.09 pct, S&P 5..
"Mad Money" host Jim Cramer explained why the recent sell-off in cloud stocks is a perfect buying opportunity. Cramer also sat down with the CEO of US Concrete, who spoke about how..
Photo: Kiichiro Sato, Associated Press Bitcoin has landed on Wall Street. Futures on the world’s most popular cryptocurrency surged as much as 26 percent in their debut session on ..
(Reuters) - The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil ..
(Reuters) - The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil ..
(Reuters) - The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil ..
(Corrects headline and first paragraph to say Nasdaq instead of technology stocks) * Home Depot falls after announcing buyback plan * Oil falls after surprise rise in US fuel inven..
(Corrects headline and first paragraph to say Nasdaq instead of technology stocks) * Home Depot falls after announcing buyback plan * Oil falls after surprise rise in US fuel inven..
LONDON (Reuters) - World stocks climbed and equity volatility neared a record low on Monday as investors focused on strong economic growth signs ahead of a slew of interest rate de..
NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months. Chicago..
NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months. Chicago..
NEW YORK (Reuters) - Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected ..
NEW YORK (Reuters) - Wall Street indexes were higher on Monday with boosts from technology and energy sectors as oil prices rose while investors prepared for an expected U.S. Feder..
WASHINGTON (AP) — In his Alabama-ish rally, President Donald Trump falsely stated that black homeownership has hit a record high under his stewardship and made the dubious claim th..
The enormous run-up in Bitcoin's price this year has spurred talk that it's a bubble bound to burst. That sounds ominous. But take heart: If Bitcoin's bubble pops, the pain likely ..
* U.S. producer prices post biggest gain in nearly six years * Boeing hits record high after dividend raise * Bank stocks rise ahead of Fed statement * Nasdaq down slightly with dr..
(Adds company news items, futures) Dec 12 (Reuters) - Britain’s FTSE 100 index is seen opening up 13 points on Tuesday, according to financial bookmakers, with futures up 0.22 perc..
NEW YORK (Reuters) - A gauge of global stocks gained on Thursday, boosted by Wall Street, and the U.S. dollar touched a two-week high as risk appetite returned and investors braced..
NEW YORK/SYDNEY/LONDON (Reuters) - Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate tha..
NEW YORK/SYDNEY/LONDON (Reuters) - Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate tha..
Technology companies led U.S. stocks modestly higher in afternoon trading Monday. Health care companies also helped lift the market, outweighing losses among banks and makers of pa..
LONDON, Dec 12 (Reuters) - Emerging equities fell on Tuesday after two days of strong gains as markets looked to a U.S. Federal Reserve meeting and potential policy tightening in C..
U.S. stock index futures pointed to a negative open on Wednesday, as investors awaited fresh data while taking note of the declines seen in markets overseas. Dow Jones industrial a..
LONDON (Reuters) - World stocks climbed and equity volatility neared a record low on Monday as investors focused on signs of strong economic growth ahead of a slew of central bank ..