Musk reportedly starts his ownership of Twitter with firings of top executives; NatWest unveils flat profits as it takes bad debt charge
Former City analyst Louise Cooper, now senior lecturer in finance at Kingston University Business School, tweets:
It’s been a terrible week for Big Tech, with results from Google parent Alphabet, Facebook owner Meta, and Amazon spooking investors and triggering a selloff of technology stocks. Meta shares crashed almost 25% on Thursday, while Amazon fell 20% in after-hours trading.
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