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ouchie oww my big tech stocks


Naraku4656

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1 hour ago, Naraku4656 said:

Fuck Trump

Actually it is fuck SCOTUS in the case of tech stocks.

Trump has little to do with it (this time), it is largely because of the SCOTUS ruling allowing for the suit against Apple over monopolizing their app store.

 

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7 minutes ago, Ginguy said:

Actually it is fuck SCOTUS in the case of tech stocks.

Trump has little to do with it (this time), it is largely because of the SCOTUS ruling allowing for the suit against Apple over monopolizing their app store.

 

i don't disagree that SCOTUS fucked that stock but a lot of it also has to do with China coming back and saying "lol yeah ok, sure bud"

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2 hours ago, Naraku4656 said:

i don't disagree that SCOTUS fucked that stock but a lot of it also has to do with China coming back and saying "lol yeah ok, sure bud"

To put this into perspective; we slapped China with 250 billion in tariffs, they hit back with 60 billion. There is now a public comment period open with Treasury which could see 25% tariffs on everything China imports. Those would kick in around the time of the G20 summit.

What happened today was an example of machine trades amplifying things. Honestly, those aught to be banned.

 

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2 hours ago, Ginguy said:

Actually it is fuck SCOTUS in the case of tech stocks.

Trump has little to do with it (this time), it is largely because of the SCOTUS ruling allowing for the suit against Apple over monopolizing their app store.

 

And the fact that the price of Apple products that are already on the downswing bumping up....

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