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Brexit hits U.S. tech stocks: Alphabet, Apple, HP, IBM, Intel, Microsoft, PayPal, Twilio fall

The New York Stock Exchange.

Many U.S. technology stocks got hit today following the United Kingdom’s Brexit vote to leave the European Union — in line with many financial services companies, foreign stock indexes, commodities, and the British pound getting whopped as well.

Here’s a roundup of tech stocks’ percentage drops:

  • Adobe: -4.17%
  • Alphabet: -3.80%
  • Amazon: -3.10%
  • AMD: -6.33%
  • Apple: -2.72%
  • Box: -1.48%
  • Cisco: -5.03%
  • eBay: -6.92%
  • EMC: -2.05%
  • Expedia: -7.41%
  • Facebook: -2.61%
  • Hortonworks: -7.34%
  • HP: -5.37%
  • HPE: -7.68%
  • IBM: -5.60%
  • Intel: -4.36%
  • Lending Club: -6.33%
  • Microsoft: -4.08%
  • New Relic: -3.46%
  • Netflix: -3.48%
  • NetSuite: -8.45%
  • Oracle: -3.94%
  • PayPal: -4.31%
  • Priceline: -11.37%
  • Qualcomm: -6.17%
  • Salesforce: -4.62%
  • TripAdvisor: -6.23%
  • Twilio: -8.61% (and after yesterday’s big IPO, at that)
  • Twitter: -3.58%
  • Workday: -7.88%
  • Yahoo: -4.08%
  • Zendesk: -6.85%

Bloomberg reported that Nasdaq today had its biggest one-day loss since 2011.

So, what to buy? Gold is probably worth a look.

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About Ms. A. C. Kennedy

Ms. A. C. Kennedy
My name is Ms A C Kennedy and I am a Health practitioner and Consultant by day and a serial blogger by night. I luv family, life and learning new things. I especially luv learning how to improve my business. I also luv helping and sharing my information with others. Don't forget to ask me anything!

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It's also getting a bunch of new features. The app now boasts more currency recognition, adding British pounds, US dollars, Canadian dollars, and Euros to its tally. Going beyond the color in a scene, it can also spot the color of specific objects, like clothes. Plus, it's no longer restricted to just short printed text, with handwriting recognition now part of its skill set. You can also customize the voice that it uses to speak its observations out loud, and set how fast it talks.

Finally, a musical light detector alerts you to the light in an environment with an audible tone -- Microsoft claims the tool will save users from having to touch a hot bulb or LED battery to check if it's on. Despite the big update, there's still no word on an Android launch.

Source: Microsoft