News Formal

Global Mega-Cap Stocks Slide in October

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 18 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 63%

Finance اخبار

Global Mega-Cap Stocks,October,U.S. Interest Rates

Most global mega-cap stocks experienced a decline in October due to rising U.S. interest rates and lackluster earnings growth. Alphabet, Tesla, and Nvidia saw drops in market capitalization, while Microsoft's value increased. The slowdown in cloud business and reduced EV demand were among the factors affecting these stocks.

- Most global mega-cap stocks continued their slide in October, hit by the rise in U.S. interest rates and lacklustre third-quarter earnings growth among some top U.S. tech firms.

Tesla's market value tumbled almost 20% to $638 billion last month, largely due to the impact of rising U.S. interest rates on electric vehicle demand. Additionally, Panasonic Holdings, a key supplier to Tesla, announced a reduction in automotive battery production in Japan for the September quarter, highlighting a global slowdown in EV sales.

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 45. in İR
 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Mega-cap firm valuations fall amid rising rates, tech earnings concernsGoogle parent Alphabet's market capitalization dropped nearly 6% to $1.56 trillion at the end of October, as its cloud business faced its slowest growth in...
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »