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Tech Market Jitters Impact Skydance, Apple

Updated 2026-10-14 20:55 UTC 1 source Negative

Skydance shares fell sharply after distributing warrants to investors. Meanwhile, Apple regained its $5 trillion market cap as tech stocks and overall markets experienced volatility due to inflation concerns.

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Skydance Shares Tumble In Technical Adjustment As Inflation, Interest Rate Jitters Roil Markets; Apple Regains $5 Trillion Market Cap

Skydance shares closed down 22% Wednesday to end the session at just over $7 after the company distributed warrants to investors. Apple shares rose but tech stocks and overall markets mostly ended in the red after a worse-than-expected September inflation reading sparked fears of higher interest rat

2026-10-14 20:40 UTC