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via finance.yahoo.comMarkets

Big Tech sells off: Alphabet loses $477B in a week, its worst week ever

FROM THE WIRE · FINANCE.YAHOO.COM

Big Tech just had a week investors will remember. At its low on Friday, Alphabet had lost $477 billion in market value for the week, its worst week ever and the second-biggest weekly wipeout for any US-listed stock by Yahoo Finance's calculations, Yahoo Finance reported on…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishRecord market-cap losses in mega-cap tech weigh on the broader US technology sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Alphabet lost $477 billion in market value during the week, its worst week ever.
  2. 02Most of the damage came Thursday, after its third-quarter results.
  3. 03Intel fell as much as 30% on Friday after a weak outlook.
  4. 04Nvidia lost more than $100 billion in market value this week.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Alphabet Inc.GOOGLStock279.84 USDMarket closedtoday -1.40%Negative NVIDIA CorporationNVDAStock204.64 USDMarket closedtoday -4.22%Negative Microsoft CorporationMSFTStock521.91 USDMarket closedtoday -1.55%Negative Apple Inc.AAPLStock344.63 USDMarket closedtoday -1.23%Neutral Taiwan Semiconductor Manufacturing Company LimitedTSMStock406.13 USDMarket closedtoday -5.95%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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