The Latest “Buzz on the Street” Show: Featuring Technology Stocks Rebound as Trade Tensions Ease

FinancialBuzz.com’s latest Buzz on the Street: Technology Stocks Rebound as Trade Tensions Ease

Apple Inc. (NASDAQ: AAPL) is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.

Qualcomm Incorporated (NASDAQ: QCOM) is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services.

Microsoft Corporation (NASDAQ: MSFT), incorporated on September 22, 1993, is a technology company. The Company develops, licenses, and supports a range of software products, services and devices.

Twitter, Inc. (NYSE: TWTR) is an American online news and social networking service on which users post and interact with messages known as “tweets”.

Tech stocks had made large gains this week with the news that China is willing to lower the auto tariffs from 40% down to 15%. Chinese officials also signaled a consideration to scrap “Made in China 2025” an economic plan which aimed at creating Chinese dominance in domestic tech. With the hints that this plan is no longer a reality, tech stocks, such as Microsoft, Apple, Twitter and, Qualcomm rallied.

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6 Comments
  1. Joshua Reese 1 month ago
    Reply

    Trump has stood up for Americans against the world. He is making progress with China.He has a new trade deal with Mexico & Canada to replace NAFTA.He has calmed tensions w/N Korea, beaten ISIS into a powder.Allowed veterans to seek treatment outside the VA.Lowered unemployement

    • Joseph Klein 1 month ago
      Reply

      The big concession by the Chinese government is that they will reduce the existing 40% tariff on automobiles and, potentially, remove it.. #tradewar #logistics #supplychain

    • Arnold Palmer 1 month ago
      Reply

      stocks are down and global growth is slowing thanks to my unnecessary trade war and soaring deficits. Can the Fed please soften the blow of my total incompetence and economic ignorance?

  2. Phil Wahba 1 month ago
    Reply

    $AAPL $180 coming before new years! This has been beaten up way too much

  3. Timothy Pena 1 month ago
    Reply

    #FED $SPY An escalation in trade tensions, geopolitical uncertainty, or other adverse shocks could lead to a decline in investor appetite for risks in general. The resulting drop in asset prices might be particularly large

    • Welson C. 1 month ago
      Reply

      Interest rates and fears of a mounting trade war send tech stocks lower Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China

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