FTEC News and Press, Fidelity MSCI Information Technology Index From 09/02/20

By Lei Qiu As technology stocks of all shapes continue to surge, many investors are questioning whether they're now overpriced. But even at high valuations, we think the tech landscape is still dotted with long-term growth potential. Technology stocks seem unstoppable. Giants like Apple ...

OK, at this point it's clear that 2020 is the year that many people are just going to want to forget. Between the COVID-19 pandemic, economic recession, social unrest, political chaos and, for those of us in the Northern California/Silicon Valley area, now a huge series of wildfires, it's not ...

The Commerce Department released July's retail sales last week, showing an increase in seasonally adjusted retail spending - up 1.2 percent overall last month, but down from the 8.4 percent growth in June. Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent...

We're clearly going to be arguing about the size, power and market share of large technology companies a great deal in the next couple of years. Many of the underlying concerns we have around technology are complicated, and involve deep-seated trade-offs where we actually have to make choices,...

There are many good things about being in your 20s, and one of them is that you have a long time horizon until retirement. That means you have time on your side, giving you the ability to withstand short-term market fluctuations to attain long-term returns. That, in turn, means you can be more a...

The big U.S. tech companies reported quarterly earnings and topped analyst estimates, as the pandemic pushed consumers to rely more on personal devices. Anthony Okolie speaks with Vitali Mossounov, Global Technology Analyst, TD Asset Management, about whether tech's rise is likely to cont...

Run, Bull, Run , was the cover story of Barron’s magazine in January 2000. The story presented arguments for " another record-breaking year for stocks ". Today, we know that it didn’t happen. Instead, the bull was a bubble and burst a few months later. Source: Deutsche Bank, ...

Technology was a small industry until very recently. It was exciting and interesting, and it was on lots of magazine covers, but it wasn't actually an important part of most people's lives. When Bill Gates was on every magazine cover, Microsoft (MSFT) was a small company that sold accounting t...

The CEOs of Apple (AAPL), Amazon (AMZN), Facebook (FB), and Google (GOOG) (GOOGL) are scheduled to testify in front of the US House Judiciary Antitrust Subcommittee. Some thoughts… Big tech has won before the hearing starts. Agreeing to let all four testify concurrently inhibits the...

At this point, everyone understands that the COVID-19 pandemic has had a profound impact on all aspects of society, including our personal and professional lives. But just as our understanding of how the virus spreads and its impact has shifted over time, so too has our perception of exactly h...