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Why Many Tech Stocks Tumbled on Thursday


Thursday wasn't a banner day for tech stocks, with many of them tumbling along with the general dynamic of the market. Among the tumblers were some famous names and several up-and-comers.

Both listed stocks of Google parent (NASDAQ: GOOG)(NASDAQ: GOOGL) lost nearly 2% of their value, while social media giant Meta Platforms (NASDAQ: META) declined by 1.5%. Hardware specialist Super Micro Computer (NASDAQ: SMCI) and leading artificial intelligence (AI) developer C3.ai (NYSE: AI) also fell, by 4.9% and 3.6%, respectively.

There was little news specific to any of these companies -- or to publicly traded businesses throughout the tech sector, broadly speaking -- to push their share prices down.

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Source Fool.com

Alphabet Inc. A Stock

€148.30
-0.230%
The price for the Alphabet Inc. A stock decreased slightly today. Compared to yesterday there is a change of -€0.340 (-0.230%).
With 65 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 152 € there is a slightly positive potential of 2.49% for Alphabet Inc. A compared to the current price of 148.3 €.
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