Buy Crypto
Markets
Contract
Spot
Earn
Web3 new
Learn
Blogs > Crypto in a Minute > Tech Stocks Get Routed >

Tech Stocks Get Routed

Author: Jeffrey Craig Date: 2022-10-28 00:45:19

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

giftRegister to get $180 Welcome Bonus!
Email
Password
Invitation code (Optional)

october-27-daily-update

Main Takeaway: Tech Stock Earnings Are Over, Complete Bloodshed

Yesterday, Amazon and Apple reported their Q3 earnings, with both stocks dropping on the news. However, the most noteworthy was Amazon as it fell over 10% in after-hours trading. So far this week Meta, Google, Microsoft, and Amazon, have all witnessed their stocks decline. This foreshadows that there’s still significant pain ahead for the US economy. What this means in the crypto context is that these tech stock earnings could be a leading indicator of what’s next for the crypto markets.

Tech Stocks Rekt After Q3 Earnings

Today’s Top Gainers

The top five performing coins on Phemex d-o-d are Dogechain (DC/USDT), PowerPool Dao (CVP/USDT), Klaytn (KLAY/USDT), Mask Network (MASK/USDT), and Trader Joe (JOE/USDT).


For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube
Subscribe Phemex

Get The Latest News And Updates From Phemex!

giftRegister to get $180 Welcome Bonus!
Email
Password
Invitation code (Optional)
start trading start trading start trading

Register On Phemex Now To Begin Trading

Register On Phemex

More Articles

Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!

Bonus

Become the First PT Holders with ZERO Risk

Celebrate the Launching of the Phemex Token on November 30th