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.
Atlassian (NASDAQ: TEAM) announced 3Q19 earnings, which ended in June 2019. Atlassian provides team collaboration and productivity software such as Jira Software and Confluence. Over… 阅读更多 »Aussie Tech Unicorn Atlassian releases Q3 Earnings
Yep, we’re talking about real-estate investment trusts (REITs). These companies own shopping centers, apartment buildings and warehouses… things that many clients would shrug at rather than trade. They were so dull that no one even thought to give them their own sector until a few years ago.
(Chinese President Xi Jinping delivers a speech at an annual meeting of the Boao Forum for Asia in Boao, in the southern Chinese province of Hainan, in this photo taken by Kyodo April 10, 2018. Kyodo/via REUTERS)