News Formal

Apple and Google stocks both had their worst week in more than two years

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Shares of Apple Inc. and Alphabet Inc. both suffered their largest weekly declines since the beginning days of the pandemic this week, as Big Tech companies continued to draw closer scrutiny from Wall Street.

Apple’s stock AAPL, -0.19% finished down 11.2% on the week, its worst weekly performance since the week that ended March 20, 2020, according to Dow Jones Market Data. The stock declined 17.5% during that early-pandemic stretch.Shares in Google parent Alphabet GOOG, +3.84% GOOGL, +3.78% declined 10.1% during the week, their worst one-day percentage drop since that same March 20, 2020 week, when they fell 12.03%.

While Apple’s stock has fared better than that of Alphabet and other Big Tech peers, the company faces potential pandemic-related challenges owing to new COVID-19 setbacks at manufacturer Foxconn’s major facility. In addition, the realities of the current economic climate may be catching up to Apple, as Bloomberg News reported Thursday that the company had paused hiring in several areas unrelated to research and development.

Alphabet’s stock has declined 40% so far in 2022, while Apple’s is off 22% over the same span. The S&P 500 SPX, +1.36% is down 21% on the year while the Dow Jones Industrial Average DJIA, +1.26% is off 11%.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

$AAPL

Bee. Yoo. Y.

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Block stock rockets higher after earnings as Square parent posts a 'strong beat all around'Block generated a third-quarter net loss of $15 million, or 2 cents a share, whereas the fintech company broke even during the year-before quarter. $SQ were rising in after-hours trading after the company exceeded expectations with its latest earnings:
ソース: MarketWatch - 🏆 3. / 97 続きを読む »