Today’s scenario is very unlike the plunge during the Financial Crisis, which blew over in no time.
Tencent is a giant. Its stock, after plunging 50% in 2018, was a big winner earlier this year. Now the uptrend is broken. Revenue is primarily from mobile video game microtransactions, and warning signs are emerging.
“Felony Contempt of Business Model”: Lexmark’s Anti-Competitive Legacy.
My couch, jeans, car, PC, sheets, and phone weigh in on globalization and the internet.
My fancy-schmancy FANGMAN index dropped 4.3% today, the most since December 24.
Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods.
Here are the latest numbers.
The reception of the bill has been fascinating.
According to chip makers, the plunge isn’t over yet. Now hoping it won’t turn into the mess as in 2001 when the last tech bubble became the dotcom bust.
“The company cannot be left to its own devices, and existing enforcement authorities haven’t done enough.”