U.S. tech stocks decline, Alphabet suffers a 12% slump due to poor sales
2026-10-30 05:07:47
According to CoinMeta, U.S. tech stocks generally declined, with Alphabet plummeting by 12% due to poor sales, dragging down the Nasdaq 100 index by 1.4%. Concerns about the returns on investments in artificial intelligence led to funds flowing into a broader stock market, with over 400 components of the S&P 500 index rising. At the same time, due to risk aversion, Treasury bond yields increased.
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