Business
Tech earnings tsunami buoys Alphabet, sinks Apple – iTnews
Big tech has a mixed bag of quarterly results.
Alphabet rallied, Apple sank and Twitter tumbled on Thursday after a mixed bag of quarterly reports from top-tier technology companies that investors have relied on this year to power a stock market rally through the coronavirus pandemic.
Share swings following the reports from the tech heavyweights after the bell sent exchange-traded funds tracking the S&P 500 and Nasdaq down about 1 percent each, suggesting Wall Street may open weaker on Friday.
Mostly upbeat results from Facebook, Google-parent…
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