Guggenheim analyst John DiFucci downgraded software giant Microsoft to Sell from Neutral. He cited a deterioration in demand. Read More...
Motley Fool
FAANG Stocks Look Ready to Soar Later This Month. Here’s Why.
FAANG stocks got crushed last year as a combination of slowing growth and compressing valuations hit even the mightiest tech stocks like Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), and Apple (NASDAQ: AAPL). Looking ahead to earnings season, there’s another reason why the stock market, and especially FAANG stocks, could get a boost. The dollar has weakened substantially over the last few months, which makes international revenue more valuable.
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