Why Shares of Alphabet (Google), Taiwan Semiconductor, and Oracle Are Falling Today
Shares of major tech and artificial intelligence (AI) stocks are falling today, as fears over slower economic growth and President Donald Trump's tariffs continue to take center stage. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has now fallen into correction territory and is down roughly 11.8% since Feb. 18.Shares of Alphabet (NASDAQ: GOOGL) traded 5% lower as of 11:17 a.m. ET today. Meanwhile, shares of Taiwan Semiconductor (NYSE: TSM) traded down 4.2%, while shares of Oracle (NYSE: ORCL) were down 4.1%.Investors are still selling as they worry about (1) economic data further pointing to a slowdown, and (2) President Trump's tariffs, which have catapulted into a trade war that seems to change by the day. However, there was also a lot of company-specific news.Continue reading
Shares of major tech and artificial intelligence (AI) stocks are falling today, as fears over slower economic growth and President Donald Trump's tariffs continue to take center stage. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has now fallen into correction territory and is down roughly 11.8% since Feb. 18.
Shares of Alphabet (NASDAQ: GOOGL) traded 5% lower as of 11:17 a.m. ET today. Meanwhile, shares of Taiwan Semiconductor (NYSE: TSM) traded down 4.2%, while shares of Oracle (NYSE: ORCL) were down 4.1%.
Investors are still selling as they worry about (1) economic data further pointing to a slowdown, and (2) President Trump's tariffs, which have catapulted into a trade war that seems to change by the day. However, there was also a lot of company-specific news.
