Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
USD Tech Equities: Square Rallies and Arkk Struggles | tastytrade clips

USD Tech Equities: Square Rallies and Arkk Struggles | tastytrade clips

Research, Research Team

"The larger issue, longer term, is to what extent does aggressive Fed tightening slow growth and slow spending? And to what extent does it also encourage a shift generally in the direction of safer shares and hurt new economy and tech shares as a group Not necessarily square specific, but as, if you will, a carve out of the equities space as a whole" -Ilya Spivak

Amidst Square's 20% rally last week, Chris Vecchio, Ilya Spivak and Daniel Dubvraski breakdown the company's earnings and the macro outlook for tech stocks as a whole.

Square proves to be in interesting winner. So long as consumer demand continues to be strong in the face of USD inflation, the payments processor stands to benefit.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES