FAANG stocks have seen $600 billion of market value wiped out — here's how much each one is on sale (AMZN, AAPL, NFLX, FB, GOOGL)
Friday, 12 October 2018 · *Facebook, Apple, Amazon, Netflix, and Google have had more than $600 billion of market value wiped out from their recent peak. *
· *Even though these stocks are bouncing back on Friday, they are significantly below their highs.*
· *Facebook has been hit the hardest among the FAANGs.*
· *Watch Facebook, Amazon, Apple,...
Global markets shuddered Thursday after a major Wall Street sell-off the day before. European markets were down more than a percent, while the Hang Seng lost more than 3 percent. The Dow was set to open down another 300 points.
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Business Insider reports that Apple has surpassed Microsoft in market value at the close of trading on Wednesday.
It means that Apple is currently the most valuable publicly traded company.
Let's review some data points you shouldn't miss. Macro View The S&P 500 is up 9% year-to-date, and Tuesday it was up almost 0.5%, as more earnings rolled in. The global economy is slowing, and while..