Tech losses drive Wall Street down again, ending grim week

All four reported profit for the summer that was even better than analysts were expecting, just like the other stock in the Big Five did earlier this week. But also like Microsoft, most nevertheless fell as investors found reasons for concern within their reports.

Twitter, another high-profile tech stock, slumped 21.7% for the largest loss by far among stocks in the S&P 500. It also reported better-than-expected earnings for the latest quarter. Investors focused instead on its growth in daily users, which fell short of analysts’ expectations. A similar trend has been occurring across the market: Stocks are not getting the bounce they usually do after reporting results that beat analysts’ expectations. And they’ve been giving investors plenty of opportunities to do so: With nearly three quarters of the S&P 500 by market value having reported, 84% of companies have beat expectations, according to Credit Suisse.

“Because of the spike in Covid-19 overseas, with Germany and France in lockdown mode once again, the implication is that we could be heading into a double-dip recession in Europe, and that would have negative future implications for our economic growth.” Stovall said.

Business SundayGrandExpo

I sold all of my twitter stock over the nypost debacle, because I support journalism, and I do not support the censorship of it. also, jack looks like a pedophile

I hope they take a good kick in the Balls.

Suppress news in a clearly partisan way, people lose faith in you. Report salacious allegations against both parties or report none.

lol- “uncertainty about the election.” Just wait until Joe Biden is elected- and watch the bottom drop out. My fervent hope is that the crashing economy takes half of MSM down- and with it tons of jobs. They deserve it for all the fakenews they’ve distributed.

Notice that map ap doesn’t mention the big tech censorship? whispers that’s because they are in on it.

We want more than a third term in Guinea Conakry 🇬🇳 Alpha Condé is a dictator and an assassin he stole the presidential elections the Guinean population needs help we want more alpha Condé in power for a third term in Guinea Conakry 🇬 🇳

'Ever since you Received the Salvation of the Grace, are you the Light of the World? ExpressFridayVigil

One reason Democrats socialist agenda

Yay!!! I wish all of them go bankrupt, they're a corrupt monopoly and the comment section blaming Trump for it🙄 Trump2020

ISIS Jack

The election is more uncertain than a few days ago?

ExpressFridayVigil GOD'S Patience Comes out of the riches of HIS mercies, favour and Grace to mankind. 하나님의 인내심은 인간을 향한 그 분의 자비, 은총, 은혜의 풍성함으로부터 옵니다.

tRump knows he’s going to lose and we all know what type of person he is so he’s going to do everything he can to ruin this country before he does peaces out to some 3rd world country with no extradition to the US. Dude is criminal & anyone who thinks he cares about them is dumb.

As of today my portfolio is in the negative

Oh, Honey... Wall Street hasn't seen ANYTHING, yet! Trump's damage hasn't caught up, yet. And it's gonna take a LOT of work to put good health back into it. But you can bet... it will never look the same! DoneWithTheSOS

The corrupted GAFA is taking a big hit hahaha. GOOD!

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Many on Wall Street Who Predicted a Trump Win in 2016 Aren’t So Sure NowIn 2016, a small number of well-known investors and executives predicted that Donald Trump would win the presidential election. This year they aren’t quite so bold. Hey I feel like this is some deja vu thing Maybe because they don't want their businesses boycotted and their families harassed. silentTrumpvoters
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Wall Street soared under Trump, but it's been a rocky rideThe last four years have been good for stocks, with the S&P 500 climbing more than 50% and many 401(k) balances looking healthier, as President Donald Trump likes to point out so often. The stocks that Wall Street initially thought would benefit most from a Trump administration have since fallen back OBAMA Markets ending I think sanity in the White House is a good thing. I wouldn't call this soaring.
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Facebook Nabs $8 Billion Profit And Shatters Wall Street Expectations Despite Regulatory PressureJust five days ahead of the election, Facebook's chief financial officer said the nation's 'evolving regulatory landscape' could dampen the firm's prospects, likely hinting at heightened scrutiny under a Biden administration. So that means those shares my retirement fund bought are actually good for something? Explains all u need to know. Greed greed greed selling data makes you cash
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