Technology stocks are one factor driving Dow Jones Industrials down to the largest intra-day point drop in history. Tom's Guide Editor-In-Chief Mark Spoonauer explains the factors he sees contributing to this volatility.
"All day its really felt like a roller coaster," says Spoonauer. Apple closed on Monday down 2.5 percent.
Apple was one percent off in terms of iPhone sales in its latest earnings report. Spoonauer explains when looking at the average sale price it told the story there were more people than maybe some of the doubters thought were interested in the iPhone X.
As the pandemic recedes, ride-hailing apps are back in full swing, but it hasn't come without a price. Uber and Lyft are both facing historic driver shortages. More than half of Uber and Lyft drivers stopped driving during the pandemic, leading to longer wait times and surging prices. For more on this Christof Baumbach, CEO, ride-hailing app, Wingz joined Cheddar's 'Fast Forward: Life After Covid-19.'
