Tesla and Alphabet Earnings Prompt Big Tech Stock Decline
Briefly

Investors expect perfection from big tech earnings; disappointment leads to drop in stock market, particularly tech-heavy Nasdaq. Smaller companies like Russell 2000 fare better, tied to economy's ebb and flow, showing resilience despite tech sell-off.
Tesla stock falls 10% due to 45% profit drop in Q2, attributed to slow sales. Alphabet beats earnings, but stock drops over missed revenue expectations. Investors anticipate Tesla's revenue strategy and Alphabet's margin expansion.
Read at www.nytimes.com
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