This morning, many of the leading cloud computing stocks are failing to rally with the technology sector. This is very strange since the NASDAQ Composite is higher by 2.00 percent at the open of the session. One of the leading cloud computing stocks in the market is Salesforce.com Inc (NYSE:CRM). This stock is trading lower by 0.73 cents to $149.25 a share.
This morning, most of the leading stocks in the technology sector are declining lower. Even the mighty Apple Inc (NASDAQ:AAPL) is trading lower by $5.44 to 623.90 a share. Other tech leaders such as Google Inc (NASDAQ:GOOG), Amazon Inc (NASDAQ:AMZN), and Qualcomm Inc (NASDAQ:QCOM) are all coming under early selling pressure.
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U.S. Dollar Plummets, That Is All you Need To Know
This morning, the U.S. Dollar Index is declining and that is helping to inflate the major stock indexes once again. Normally, energy and commodity stocks will be the first equities to inflate when the U.S. Dollar declines, however, these days everything in the market including technology stocks will inflate as soon as the U.S. Dollar dips.
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Akamai Technologies, Inc Noticeable Stocks at - NASDAQ:AKAM
Akamai Technologies, Inc (NASDAQ:AKAM) witnessed volume of 23.37 million shares during last trade however it holds an average trading capacity of 3.93 million shares. AKAM last trade opened at $27.50 reached intraday low of $27.50 and went +18.60% up to close at $31.63.
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