News

Published on 22 Apr 2024 on Bloomberg via Yahoo Finance

UBS Cuts View on ‘Big 6’ Tech Stocks as Earnings Growth Slows


Article preview image

(Bloomberg) -- Big tech companies are running out of steam as the earnings momentum once enjoyed by the sector faces a cool down, according to UBS Group AG’s chief US equity strategist.

Most Read from Bloomberg

Trump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingStocks Climb as US Earnings Kick Into High Gear: Markets WrapUS Dollar’s Extended Reign Delivers Stark Wake-Up Call for Markets

NYSE.UBS price evolution
SIX.UBSG price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Institutional investors own a significant stake of 37% in R&S Group Holding AG (VTX:RSGN)

Key Insights Significantly high institutional ownership implies R&S Group Holding's stock price i...

Simply Wall St. via Yahoo Finance 10 May 2024

Merit Financial Group LLC Reduces Stock Position in Warner Bros. Discovery, Inc. (NASDAQ:WBD)

The firm owned 19,610 shares of the company’s stock after selling 2,081 shares during the period....

ETF DAILY NEWS 10 May 2024

Retail investors account for 54% of Galenica AG's (VTX:GALE) ownership, while institutions account...

Key Insights Galenica's significant retail investors ownership suggests that the key decisions ar...

Simply Wall St. via Yahoo Finance 10 May 2024

UBS Group AG (NYSE:UBS) Q1 2024 Earnings Call Transcript

UBS Group AG (NYSE:UBS) Q1 2024 Earnings Call Transcript May 7, 2024 UBS Group AG misses on earni...

Insider Monkey via Yahoo Finance 8 May 2024

Why UBS Shares Are Seeing Blue Skies Today - UBS Gr (NYSE:UBS)

UBS Group AG UBS shares are trading higher after it reported first-quarter FY24 sales of $12.74 b...

Benzinga 7 May 2024

UBS Group (UBS) Q1 Earnings & Revenues Jump Y/Y, Expenses Rise

UBS Group AG UBS reported a first-quarter 2024 net profit attributable to shareholders of $1.75 b...

Zacks via Yahoo Finance 7 May 2024

UBS Group records robust Q1 FY24 revenue of $2.7 billion | Invezz

UBS Group, the multinational investment bank and financial services firm, released its quarterly...

Invezz 7 May 2024

Cwm LLC Grows Position in Victoria’s Secret & Co. (NYSE:VSCO)

Cwm LLC lifted its position in Victoria’s Secret & Co. (NYSE:VSCO – Free Report) by 289.3% during...

ETF DAILY NEWS 5 May 2024

UBS Capital Debate, Big Oil’s Buybacks: EMEA Earnings Week Ahead

(Bloomberg) -- The recent selloff in UBS Group AG shares underscores the Swiss bank’s challenge t...

Bloomberg via Yahoo Finance 3 May 2024

UBS Group (UBS) Plans to Reduce Cost in Asset Management Unit

UBS Group AG UBS plans to reduce hundreds of millions of dollars in expenditure in its asset mana...

Zacks via Yahoo Finance 3 May 2024