The skyrocketing wealth of tech billionaires

The skyrocketing wealth of tech billionaires

By Claudia Cohen Released 1 hour ago, Update 1 hour ago Together, Jeff Bezos (Amazon), Mark Zuckerberg (Meta) and Elon Musk (Tesla) lost $294 billion in 2022. SAUL LOEB/AFP; Archivo/Latin America News Age; DPA/ Photononstop/DPA/Photononstop DESCRIPTION – The stock market of Tesla, Meta, Amazon and Google has melted the assets of their leaders. Three thousand … Read more

SP 500: selling pressure may reappear

PCE inflation and Powell are likely to be key for Wall Street this week Selling pressure may resurface in global equity markets this week as the outlook continues to deteriorate in China. The impact of the zero-covid policy appears to be intensifying on the Chinese economy, as the profits of the country’s industrial companies fell … Read more

Nasdaq 100: Tech continues its rebound fueled by Tesla

Wall Street continues its bear market rally, but risks remain on the downside Wall Street ended higher yesterday after the Fed hinted that a slowdown in rate hikes could be coming soon. The minutes revealed that “a significant majority of participants felt that a slower rate of increase would probably soon be appropriate”, but it … Read more

SP 500: Wall Street resumes its decline

Inflation figures will be decisive in the short term for Wall Street The New York Stock Exchange resumed its downtrend yesterday after a few rebound sessions. The tighter-than-expected outcome of the midterm elections, the downturn in the crypto market and the disappointing quarterly results for Walt Disney (-13.2%) and a number of growth stocks such … Read more