Big tech sell-off meets another week of earnings and US midterm elections
FROM THE WIRE · FINANCE.YAHOO.COM
Last week, we opened the Morning Brief newsletter by saying the first week of Big Tech earnings looked promising — until Thursday. This time, we're here to say the second week of Big Tech earnings looked promising — until Tuesday. Lackluster earnings from Alphabet (GOOG), Amazon…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDisappointing earnings from Alphabet, Amazon and Intel triggered a steep tech sell-off, and the week brings more results and the midterm vote.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Lackluster earnings from Alphabet, Amazon and Intel triggered a steep tech sell-off.
- 02This week Apple and Palantir report, alongside Tower Semiconductor and Lattice Semiconductor.
- 03US midterm elections are set to influence control of Congress and the Iran war.
- 04The week began with Anthropic's S-1 filing.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.344.63 USDMarket closedtoday -1.23%Neutral Palantir Technologies Inc.184.11 USDMarket closedtoday -6.27%Neutral Alphabet Inc.279.84 USDMarket closedtoday -1.40%Negative Amazon.com, Inc.240.35 USDMarket closedtoday -1.41%Negative Intel Corp.65.76 USDMarket closedtoday -28.58%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets