FinancialBuzz.com’s latest Buzz on the Street: Technology Stocks Rebound as Trade Tensions Ease
Apple Inc. (NASDAQ: AAPL) is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.
Qualcomm Incorporated (NASDAQ: QCOM) is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services.
Microsoft Corporation (NASDAQ: MSFT), incorporated on September 22, 1993, is a technology company. The Company develops, licenses, and supports a range of software products, services and devices.
Twitter, Inc. (NYSE: TWTR) is an American online news and social networking service on which users post and interact with messages known as “tweets”.
Tech stocks had made large gains this week with the news that China is willing to lower the auto tariffs from 40% down to 15%. Chinese officials also signaled a consideration to scrap “Made in China 2025” an economic plan which aimed at creating Chinese dominance in domestic tech. With the hints that this plan is no longer a reality, tech stocks, such as Microsoft, Apple, Twitter and, Qualcomm rallied.
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