After Musk "checked U.S. social security", he angrily criticized the 150-year-old for receiving security benefits. It turned out that young programmers did not understand COBOL and caused trouble
[U.S. stocks closed: Nasdaq fell more than 2% and the Dow hit its largest weekly decline in 4 months] The three major U.S. stock indexes collectively closed down. The Nasdaq fell 2.2% and fell 2.51% this week, the largest weekly decline since November last year; The S&P 500 index fell 1.71%, down 1.66% this week, the largest weekly decline since mid-January; The Dow fell 1.69% and fell 2.51% this week, the largest weekly decline since late October last year. Large technology stocks generally fell, Tesla, Nvidia, and Intel fell more than 4%, Netflix, Google, and Amazon fell more than 2%, Microsoft, Meta fell more than 1%, Apple fell slightly.
[US stock "Seven Sisters" | Tesla closed down about 4.7%, Meta fell more than 7.2% this week, Amazon fell about 5.3%] On Friday, in "Magnificent 7", Tesla closed down 4.68%, Nvidia fell 4.08%, Amazon fell 2.83%, Google A fell 2.65%, Microsoft fell 1.88%, Meta Platforms fell 1.62%, and Apple fell 0.11%. This week, Meta fell 7.21%, Amazon fell 5.29%, falling for three consecutive weeks; Tesla fell 5.07%, falling for five consecutive weeks; Amazon fell 3.21%, Google A fell 3.21%, Microsoft rose 0.17%, and Apple rose 0.39%, continuing last week's 7.57% rise. In addition, AMD closed down 2.92%, TSMC ADR fell 0.93%, and fell 2.78% this week, Buffett's Berkshire Hathaway Class B shares fell 0.64%, and Eli Lilly closed up 0.06%.