(Bloomberg) — Was it good or dangerous this week when Alphabet Inc. informed buyers that promoting demand that helped swell its high line 50% in two years is beginning to soften? Relies on what you imply by dangerous, and infrequently has an argument over definitions meant extra for markets and the financial system.
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Clearly it was dangerous for the Google dad or mum’s shareholders, who noticed $70 billion erased in a stroke. Tech bulls at massive took a shower, with the Nasdaq 100 slumping 2.3% Wednesday. And…
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