The semiconductor group has become a bellwether industry to watch for stock market investors. As such, Nvidia , Advanced Micro Devices and others are now at the forefront of many investors' trading screens. AMD and Nvidia did a tremendous job bucking the bear market in the fourth quarter, surging to all-time highs. Read More...
Motley Fool
Why Snowflake, HubSpot, and Datadog Plunged Today
Shares of top technology growth stocks Snowflake (NYSE: SNOW), HubSpot (NYSE: HUBS), and Datadog (NASDAQ: DDOG) plunged today, with shares down 5.4%, 6.2%, and 7%, respectively, as of 1:15 p.m. ET. While high-growth software stocks actually may have benefited from recessionary fears over an inverted yield curve last week, it was long-term rates that spiked on Tuesday, which actually reversed the inversion. Higher long-term interest rates are a headwind to high-growth stocks, leading to the big moves we saw today.
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