WS #10431
GOOGL down 5.1% as J.P. Morgan pushes back against in-house chip rumors that threatened AVGO; AMZN, ORCL, MSFT also red, but selloff is GOOGL-specific, not macro. Ransomware group leaks >200,000 files from Tata Electronics, including purported Apple and Tesla trade secrets; Apple investigating exposure, ransom demand received.
Cloud tech selloff led by GOOGL on JPM chip pushback
GOOGL down 5.1% as J.P. Morgan pushes back against in-house chip rumors that threatened AVGO; AMZN, ORCL, MSFT also red, but selloff is GOOGL-specific, not macro.
Ransomware group leaks >200,000 files from Tata Electronics, including purported Apple and Tesla trade secrets; Apple investigating exposure, ransom demand received.