We don't need to read anymore of the article as it goes on to explain the multitude of trite reasons for the market plunge. The markets are rigged and Trump prognosticating it's collapse is proof. Hopefully we are at the end of all his prognostications and we can get back to installing Trump in his rightful position as POTUS. Can a person dream? Seems hope is all I have left in this mess of a country. Thank God for Jesus and His Word.
Some of the biggest, most prominent companies that have publicly gone woke have been at the center of the stock market's nosedive this month, raising concerns that corporate leaders' embrace of left-wing politics may now be coming at the expense of profit for shareholders.
Stocks tumbled right into the closing bell on Friday, with the Nasdaq marking its worst month since October 2008 amid a financial crisis and the S&P 500 having its worst month since the onset of the COVID-19 pandemic in March 2020.
The Dow Jones industrial average, meanwhile, plummeted more than 900 points, capping off an April to forget for the three major stock market indexes.
Technology stocks drove much of the nosedive, collapsing over the last few weeks.
Amazon lost 14% off its share price alone on Friday and 24% for the month. Google parent company Alphabet fell 18% for the month, and Apple dropped about 10%. The three tech giants plus Netflix and Facebook parent Meta Platforms lost more than $1 trillion in market value this month, the most since Facebook started trading in May 2012, according to the Wall Street Journal.
Recent earnings for these companies were "abysmal" and "disappointing," according to Edward Moya, senior market analyst for OANDA.
>We don't need to read anymore of the article as it goes on to explain the multitude of trite reasons for the market plunge. The markets are rigged and Trump prognosticating it's collapse is proof. Hopefully we are at the end of all his prognostications and we can get back to installing Trump in his rightful position as POTUS. Can a person dream? Seems hope is all I have left in this mess of a country. Thank God for Jesus and His Word.
Some of the biggest, most prominent companies that have publicly gone woke have been at the center of the stock market's nosedive this month, raising concerns that corporate leaders' embrace of left-wing politics may now be coming at the expense of profit for shareholders.
Stocks tumbled right into the closing bell on Friday, with the Nasdaq marking its worst month since October 2008 amid a financial crisis and the S&P 500 having its worst month since the onset of the COVID-19 pandemic in March 2020.
The Dow Jones industrial average, meanwhile, plummeted more than 900 points, capping off an April to forget for the three major stock market indexes.
Technology stocks drove much of the nosedive, collapsing over the last few weeks.
Amazon lost 14% off its share price alone on Friday and 24% for the month. Google parent company Alphabet fell 18% for the month, and Apple dropped about 10%. The three tech giants plus Netflix and Facebook parent Meta Platforms lost more than $1 trillion in market value this month, the most since Facebook started trading in May 2012, according to the Wall Street Journal.
Recent earnings for these companies were "abysmal" and "disappointing," according to Edward Moya, senior market analyst for OANDA.
(post is archived)