Apple, Alphabet and Amazon stock selloff would reduce their market caps by more than $150 billion combined

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Apple, Alphabet and Amazon stock selloff would reduce their market caps by more than $150 billion combined
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The selloff in the shares of AAA technology behemoths — Apple Inc., Alphabet Inc. and Amazon.com Inc. — that reported quarterly results overnight are shaving...

The selloff in the shares of AAA technology behemoths — Apple Inc., Alphabet Inc. and Amazon.com Inc. — that reported quarterly results overnight are shaving off a combined $158.5 billion from the companies’ market capitalizations. But that loss would be just about 38% of what the $254.5 billion gained the day before earnings were reported. Apple stock AAPL fell 2.4% in premarket trading Friday after earnings were reported late Thursday. While that would cut Apple’s market cap by $57.

5 billion from the companies’ market capitalizations. But that loss would be just about 38% of what the $254.5 billion gained the day before earnings were reported. Apple stock AAPL fell 2.4% in premarket trading Friday after earnings were reported late Thursday. While that would cut Apple’s market cap by $57.6 billion, the pre-earnings rally of 3.7% added $85.3 billion. Alphabet’s stock GOOGL GOOG fell 3.6% ahead of Friday’s open to reduce its market cap by $49.

 

Apple huh? AAPL that is *checks notes* UP 3.6% on the day?

come again?

Should give back the past months gains

$amzn

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