Jim Cramer on the NYSE, June 30,2022.
Virginia Sherwood | CNBC
A lot of firms obtained clocked final week. We noticed weak spot in a bunch of industries every 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 12 months in the past this month for the reason that Nasdaq final closed at a report excessive. (To be clear, I’m not speaking concerning the Apple (AAPL) launch from Sunday night concerning the iPhone 14 Professional and Professional Max points as a result of a showdown in manufacturing as a result of Covid restrictions in China. That is as a result of these are provide not demand associated.)