Stock markets mixed as corporate results flood in
The tech-heavy Nasdaq drops more than 2% as earnings disappointments involving Tesla and Netflix spread to other giants including Amazon, Apple and Google parent Alphabet. – EPA pic, July 21, 2023.
HIGH-FLYERS Tesla and Netflix slumped yesterday, weighing on the Nasdaq on a mixed day for global stocks as the dollar rose. The tech-centred big US index dropped more than 2% as earnings disappointments involving two of the group’s biggest names spread to other giants including Amazon, Apple and Google parent Alphabet.
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