Phoenix.com Science and Technology News, July 1st, Beijing time. According to media reports, as the Fed continues to raise interest rates to resist inflation, in the second quarter, the Nasdaq comprehensive index mainly focused on technology stocks fell by 22% Essence Among them, Amazon's stock price fell nearly 35%, and Tesla experienced the largest quarterly decline since the first public offering in 2010, down nearly 38%.
It is understood that due to the slowdown in revenue growth, Amazon's first quarter in April was lower than analysts' expectations. In early June, Amazon said that the consumer business director Dave Clark will resign. From September this year, he will start the CEO of Flexport, a supply chain software startup.
In addition, the stock price of other technology companies has also encountered a hit.
Among them, Apple's stock price fell nearly 22%, setting the worst performance since the fourth quarter of 2018; Google's parent company Alphabet fell nearly 22%, the worst performance since the fourth quarter of 2008. Microsoft's stock price fell about 17%, the largest decline since the second quarter of 2010. Facebook's parent company Meta's stock price fell more than 27%. The company's stock code changed from FB to Meta from this month.