The US tech sector fell sharply during the month of May after U.S. regulators announced they would pursue antitrust action against large technology companies. The big FAMGA, specifically Facebook (ticker: FB), Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), and Amazon (AMZN) shares dropped off the cliff. Additionaly, Alphabet (Google’s parent company) is still unable to rise out of the valley as investors continue to worry about the large size of fines that Alphabet will have to pay, and the enormous impact it will have on its operating income.
Hon Hai Precision Industry owns Foxconn, a company which assembles the majority of the world’s mobile phones in mainland China and is one of Apple’s most important manufacturers.
Our approach is based on deep-dive research, and Asia has been looking particularly lucrative lately. Thanks to our partnership with Monex BOOM Securities (plus our head office in Japan), we have in-house links to ten Asian markets:
Malaysia, Japan, Hong Kong, Taiwan, China, Philippines, Indonesia, Singapore, South Korea, and Thailand.
Reporting season is a critical time for investors and traders. Whether you’re rebalancing your portfolio or looking for new opportunities to trade, it’s important to… Read More »U.S. Stock Market – 5 Companies to Watch