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Alphabet stock price fell below the 200-day moving average yesterday

After parent company Alphabet released second-quarter earnings that exceeded expectations, its stock price fell more than 7% on Thursday, falling below the 200-day moving average for the first time in more than a year. This is the first time the stock has clos…

Big tech stocks led declines across U.S. stock sectors this week

The communications services and consumer discretionary sectors were among the biggest losers this week, with both falling about 6% as Alphabet and The financial results dragged down these two sectors dominated by large technology stocks. The consumer discretio…

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Deutsche Bank: Expects Meta revenue to beat Wall Street expectations

The analyst raised Meta's revenue forecast to $60.5 billion from $60.3 billion, slightly above Wall Street consensus estimates. Given Alphabet's steady growth in search revenue, Deutsche Bank sees "positive implications for Meta." For the third quarter, Deutsc…

Dataroma superinvestor table update

Superinvestor disclosure watch: Dataroma table update — Today; PNFP - Pinnacle Financial Partners Inc; 1,000,299; 99.90. Read-through: A single table row is only a lead. Its information value depends on the position change versus the manager’s prior holding, p…