5 years ago
1
Big Tech lost $162 billion in value in Monday's market route, led by plunge in Apple
In the stock market's worst day of 2019, the biggest tech companies got hammered, losing more than $160 billion in combined market cap.
Continue Reading https://www.cnbc.com
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Curious to find the reason for the plunge, I read the article. It was because of fears of a trade war with China. I actually thought it instead would be because consumers didn't like Apple anymore due to their high pricing relative to their product specs.