Jim Cramer on the NYSE, June 30,2022.
Virginia Sherwood | CNBC
A number of corporations received clocked final week. We noticed weak spot in a bunch of industries every little thing from media to playing to cloud computing and software program gross sales. The ache within the expertise sector appears to know no bounds, as we mark one yr in the past this month because the Nasdaq final closed at a file excessive. (To be clear, I’m not speaking in regards to the Apple (AAPL) launch from Sunday night in regards to the iPhone 14 Professional and Professional Max points attributable to a showdown in manufacturing attributable to Covid restrictions in China. That is as a result of these are provide not demand associated.)