Alphabet shares are trading lower amid weakness in tech stocks due to risk-off sentiment.
Portfolio Pulse from Benzinga Newsdesk
Alphabet shares are trading lower due to a risk-off sentiment causing weakness in tech stocks.
August 18, 2023 | 5:14 pm
News sentiment analysis
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NEGATIVE IMPACT
Alphabet's GOOG shares are trading lower due to risk-off sentiment in the tech sector.
The risk-off sentiment in the market is causing investors to move away from tech stocks, including Alphabet's GOOG shares. This is leading to a decrease in the share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Alphabet's GOOGL shares are trading lower due to risk-off sentiment in the tech sector.
The risk-off sentiment in the market is causing investors to move away from tech stocks, including Alphabet's GOOGL shares. This is leading to a decrease in the share price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100