It’s a bad day for tech, so bad that the stocks of Apple, Nvidia, Tesla, and the rest of the Magnificent Seven are sliding. How often does that happen? More often than you think.
Still, the businesses of those companies are different enough that you’d expect a little difference in performance. Nvidia, after all, makes chips; Alphabet is driven by its Google search business, as well as its growth in the cloud; Meta is social media; Apple makes iPhones; Tesla makes cars; Amazon sells stuff and has a big cloud business; and Microsoft does a lot of everything, including the cloud.
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