Tech News Today for Financial Advisors: Google Splits, IBM Reports


This year Silicon Valley has certainly lost its groove. Many of the growth companies have suffered massive drops in their stock prices. The industry has also seen an uptick in layoffs.  

By bringing down the stock prices, splits like Google’s on Monday, may generate more interest from retail investors.

Photo Illustration by Barron’s Advisor; Dreamstime (2)

But maybe things have become too negative? During the past few weeks, tech has pulled off a decent rally. Even the beleaguered
(ARKK) has posted a 13% gain since the start of July.

It’s impossible to tell if this will last. Second quarter earnings,

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Tech News Today for Financial Advisors: Amazon, Meta, and, of Course, Twitter


The rebranding of Facebook to Meta continues with a new ticker taking effect on Thursday.

Photo Illustration by Staff; Bloomberg; Dreamstime

The wrenching volatility continues in the wild tech space. After a plunge in the

Invesco QQQ Trust

(QQQ) on Friday, there was a solid 2% gain in early trading Monday. But unfortunately, the gain has fizzled.

Nowadays the tech market seems more for quick-action traders. As for long-term investors, you really need a strong stomach.

OK then, what’s some of the news for financial advisors to key in on? Here’s a look:

Amazon Split: It’s been an uncharacteristically

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