NVDA - Tech Roundup: A change at Facebook a big buy for Google and the impact of Evergrande
A change near the top at Facebook (NASDAQ:FB), Google (GOOG, GOOGL) shows Manhattan some love, and reaction to something from China called Evergrande (OTCPK:EGRNF). Those were just some of the goings-on that grabbed the attention of investors during the past week. Let's start with Evergrande. If someone had never heard of this company before, they certainly have by now. The company is one of the largest property developers in China...and is sitting on more than $300 billion in debt. And fears that Evergrande is on the verge of defaulting shook stock markets around the world, and rattled the shares of Alibaba (NYSE:BABA), Baidu (NYSE:BID) and other well-known Chinese tech companies. The Evergrande issues also reached the likes of Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Intel (NASDAQ:INTC) and Apple (NASDAQ:AAPL) as those tech leaders all have manufacturing operations in China. And with regards to Apple (AAPL), various reports suggested that the
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Tech Roundup: A change at Facebook, a big buy for Google and the impact of Evergrande