A lot of surprising companies are paring back their payrolls lately. Some of them should bounce back soon.
The metaverse has become an increasing focus within the tech sector for a good reason. Grand View Research estimates it will become a $679 billion market by 2030, with a compound annual growth rate (CAGR) of 39%! This should benefit many metaverse stocks, particularly the ones that have developed a reputation for applications deemed both innovative and reliable by the marketplace.
Yahoo Finance's Jared Blikre breaks down the market losses heading into the closing bell, also looking at the energy sector, ARK ETF components, Chinese stocks, and semiconductors.