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Tech stocks suffer their worst week in almost a year, driven by the Iran war and Meta's legal defeats; Meta fell 11%, Alphabet fell ~9%, and Microsoft fell ~7% (Ari Levy/CNBC) from Techmeme RSS feed.
Tech stocks suffer their worst week in almost a year, driven by the Iran war and Meta's legal defeats; Meta fell 11%, Alphabet fell ~9%, and Microsoft fell ~7% (Ari Levy/CNBC)
Ari Levy / CNBC:
Tech stocks suffer their worst week in almost a year, driven by the Iran war and Meta's legal defeats; Meta fell 11%, Alphabet fell ~9%, and Microsoft fell ~7% — A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025.