From Nasdaq: 2025-04-21 18:47:00

The market experienced a significant sell-off on Monday, driven by concerns about the U.S. economy facing more turbulence due to tariffs. Tech stocks took a hit, with high-beta and unprofitable companies like Digital Turbine, Quantum Computing, and CoreWeave seeing double-digit declines. The dollar fell 1%, yields rose, and business confidence plummeted, leading to a 3% market drop. Investors are seeking safer investments amidst uncertainty about the future impact of tariffs and borrowing costs.

In the current market climate, high-risk, unprofitable companies like Digital Turbine, Quantum Computing, and CoreWeave face challenges as investors prefer financially stable options. To navigate the market downturn, consider investing in quality companies that can capitalize on acquisitions or buybacks. The economy is expected to face a tough summer with tariffs affecting consumer spending and higher borrowing costs impacting growth plans, leading to market volatility. Consider opportunities in well-positioned companies during this uncertain period.



Read more at Nasdaq: Why CoreWeave, Quantum Computing, and Digital Turbine Plunged Today