Top 3 Tech Stocks That May Collapse This Quarter

BenzingaDec 13 07:53 ET

The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.

In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.

wallstreetcnDec 12 18:24 ET

Ciena Posts Strong Sales, Joins Gambling.com, Warner Bros. Discovery And Other Big Stocks Moving Higher On Thursday

BenzingaDec 12 13:11 ET

US stocks fluctuate | Cryptos Concept stocks rise as Trump announces significant action on Cryptos.

On Thursday, some Cryptos Concept stocks rose.

Zhitong FinanceDec 12 10:34 ET

Express News | Trump, at NYSE: We're Going to Do Something Great With Crypto, AI; Will Need Electricity

ReutersDec 12 09:42 ET

Bitcoin, Ethereum, Dogecoin Spike After Inflation Data Matches Expectations: Top Analyst Foresees New BTC ATH If It Stays Above This Level

BenzingaDec 11 20:46 ET