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Software Slump Resumes; Snap’s Spectacle
This was what you call an ugly day in the markets. Tech stocks sold off across the board, thanks to rising expectations that the Federal Reserve will raise interest rates. SpaceX stock fell nearly 5%, dragging it back below Amazon in market capitalization. But SpaceX, at least, is coming off a ...
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theinformation.com
Roku’s Timely Exit; Salesforce’s Dealmaking Is Revving Up
There’s a lot going on all of a sudden. We’re all still trying to come to grips with the latest Anthropic-Trump administration standoff. SpaceX’s market performance so far has…
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morningstar.com
Tech Slides, Even as SpaceX Gains, on Rotation to Laggards - Tech Roundup
Shares of technology companies tumbled as traders rotated out of the leading stock-market sector due to valuation concerns.
