Category: Resource Center
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A Strong Sense of Optimism, Despite Ongoing Turbulence
Join Us Now It’s been a rough ride for the stock markets, but I still feel highly optimistic about our industry. Amid the trouble and turmoil of the past two years, tech remains a beacon of hope for a brighter and more prosperous future. And there’s plenty of evidence to support my positive outlook. Here’s
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HMG Strategy Market Update and Tech News Digest
Join Us Now All three major stock indices rebounded this morning after another week of losses. “U.S. stocks bounced on Friday, cutting into losses from earlier in the week that have sent the S&P 500 to the cusp of a bear market and the Dow Jones Industrial Average on pace for its eighth negative week
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Reversals of Fortune? Apple Loses Spot as World’s Most Valuable Company
Join Us Now A major oil company became the world’s most valuable firm last week, thanks to a largely unexpected series of events that have rocked the global status quo. “Saudi Aramco overtook Apple Inc. as the world’s most valuable company, stoked by a surge in oil prices that is buoying the crude producer while
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HMG Strategy Market Update and Tech News Digest
Join Us Now Markets Rise, Twitter Deal on Hold Markets rose following gains in consumer spending and information technology, according to a CNBC report. Also, the Twitter deal seems to be on hold after questions surfaced about fake accounts. “Stocks jumped Friday, as investors looked to steer the S&P 500 away from official bear market
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Surging Bond Yields Hit Tech Stocks Especially Hard
Join Us Now Global equity markets continue to struggle as investors react to more waves of unwelcome news, while surging bond yields have sent tech stocks reeling. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all sank yesterday. The markets rebounded this morning, however, after Treasury yields eased from their previous highs. “Higher
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HMG Strategy Market Update and Tech News Digest
Join Us Now Market Sell-Off Continues Despite Solid Jobs Report Financial markets continue to slide, despite a healthy jobs report and relatively strong consumer demand. Nonfarm payrolls grew by 428,000 in April, exceeding the Dow Jones estimate of 400,000 new jobs. “Stocks lost ground on Friday morning, continuing their slide after the Dow Jones Industrial
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Extreme Multitasking: The Modern CIO Wears Many Hats
Join Us Now As Founder and CEO of HMG Strategy, I am accustomed to a wide range of duties and responsibilities. Early in my career journey, I noticed that the best executives weren’t shy about rolling up their sleeves and becoming involved in every part of the business. They weren’t micromanagers, but they understood what
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HMG Strategy Market Update and Tech News Digest
Join Us Now A Rough Month for Tech Stocks Tech stocks took a beating this month, despite continuing global demand for technology-related products and services. “U.S. stocks fell Friday with the S&P 500 on pace for the worst month since March 2020, as Amazon became the latest victim in the technology-led sell-off. The S&P 500
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Twitter Deal Highlights Influence of Digital Tech on the Broader Culture
Join Us Now Twenty or thirty years ago, when many of us were just getting started in the tech industry, only a handful of visionaries foresaw that within a couple of decades, interconnected digital technologies would become an absolutely central part of daily life. Today, when something big happens in the tech space, it almost
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HMG Strategy Market Update and Tech News Digest
Join Us Now Stocks Open Lower as Markets Struggle It’s been another week of turbulence for the markets, as investors wrestle with uncertainty, inflation and escalating geopolitical risk. “Stocks were lower on Friday as the S&P 500 tried to avoid a third down week in a row, amid busy earnings and rising bond yields. The
