Notable tech headlines for the week: Alphabet, Intel, AMD in focus
Seeking Alpha ·
The tech sector remained in focus this week as investors turned their attention to another earnings quarter, with companies including Alphabet ( GOOG ) and Intel ( INTC ) reporting results. The Nasdaq Composite ( COMP:IND ) closed 0.6% lower on Friday after a continuing selloff
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Investor caution toward broader tech stocks increased ahead of the earnings releases of Alphabet and Intel. The Nasdaq Composite finished down 0.6% on Friday as selling pressure persisted. This week's earnings results will serve as a critical turning point determining the direction of mega-cap tech stocks. Investors should closely monitor individual corporate earnings and guidance.
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- Big Tech — The Nasdaq fell 0.6% as selling pressure continued, and cautious profit-taking emerged ahead of earnings announcements from major companies such as Alphabet and Intel.
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