Shares of industry stalwarts Facebook, Alphabet’s Google, Snap, Pinterest and others tumbled after China allowed its yuan currency to fall to a more-than-10-year low versus the dollar in an escalating trade war with the U.S. Facebook and Twitter are also being hurt after shootings over the weekend that have investors jittery over possible government oversight affecting the two social-media platforms. Read More...
Facebook, Internet stocks decline on global equity selloff, potential government oversight after shootings
Shares of industry stalwarts Facebook, Alphabet’s Google, Snap, Pinterest and others tumbled after China allowed its yuan currency to fall to a more-than-10-year low versus the dollar in an escalating trade war with the U.S. Facebook and Twitter are also being hurt after shootings over the weekend that have investors jittery over possible government oversight affecting the two social-media platforms.
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