Facebook stock jumped about 3.0% on July 6 after US Secretary of State Mike Pompeo talked about banning TikTok in the US.
Ant Group, also known as "Ant Financial," has been considering a Hong Kong IPO at a valuation of $200 billion. Ant is an affiliate of Alibaba Group Holding.
Warren Buffett has only invested sparingly in the technology sector. His notable tech stock holdings are Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN).
Walmart (NYSE:WMT) could give Amazon.com (NASDAQ:AMZN) a serious run for its money with its upcoming Prime-like membership program Walmart+.
China’s controversial Hong Kong national security law could be a nightmare for US tech companies. Overall, the law would give China more power.
Nancy Bass Wyden has bought up more Amazon.com (NASDAQ:AMZN) shares. She runs Strand Book Store in New York City, which competes with Amazon.
Recently, Apple launched an online portal where people can manage their Apple Card. The web portal opens another avenue for cardholders.
The Facebook ad boycott campaign has dominated the discourse in recent weeks. However, investors might want to know more about Planatir.
Apple stock rose after Deutsche Bank analyst Jeriel Ong increased its target price to $400 from $380. Ong reaffirmed the “buy” rating on the stock.