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Stock Market Value

All articles tagged with #stock market value

"Revisiting the Value of the Magnificent Seven Stocks and Alternatives for Investors"
financetechnology1 year ago

"Revisiting the Value of the Magnificent Seven Stocks and Alternatives for Investors"

Deutsche Bank analysts reveal that the combined value of U.S. tech giants Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla equals that of Japan, France, and the U.K. stock markets combined, with profits slightly less than Japanese companies. They highlight the potential for further growth due to global internet access and the infancy of artificial intelligence, while also noting risks such as antitrust issues and government control.

Pinterest and Snap Stocks Plunge on Disappointing Outlooks
business2 years ago

Pinterest and Snap Stocks Plunge on Disappointing Outlooks

Shares of Pinterest and Snap fell about 18% after their quarterly reports showed weak digital ad spending. Pinterest forecasted second-quarter revenue growth below Wall Street estimates, while Snap missed analysts' expectations for revenue, blaming changes to its advertising platform that hurt demand for ads. The two companies lost a combined $6 billion in stock market value, with Pinterest now valued at $15 billion and Snap at $13 billion. Short sellers betting against Pinterest and Snap were up about $240 million in mark-to-market profits due to Friday's selloff.