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Stock impact report

Why Tech Stocks Crashed on Wednesday [Yahoo! Finance]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Yahoo! Finance
Big tech in both the U.S. and China were hit hard today. Broadcom (NASDAQ: AVGO) fell as much as 6.7%, Alibaba Group (NYSE: BABA) dropped 5.6%, and JD.com (NASDAQ: JD) fell 6.4%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » After the market closed on Tuesday, investors learned that Nvidia would need a license to sell H20 processors into China, but that license hasn't been granted and it doesn't seem likely it will be. The direct impact on Nvidia is a $5.5 billion write-down in the first fiscal quarter this year, but the impact could be much broader. The escalation of the trade war between the U.S. and China could split the global market into two systems, which would have the impact of forcing Chinese companies to develop chips and technology they currently buy from the U.S. This would likely be a negative for companies like Broadcom, which wants to sell globally. But for Chinese companie Show less Read more
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