Shares of tech companies fell as the bells of the pandemic-era tech boom continued to toll.
Tesla shares fell after the electric carmaker reported global shipments of roughly 405,000 for the fourth quarter of 2022, missing Wall Street’s target.
Apple shares fell, continuing a slide from the fourth quarter of 2022 that dragged its market capitalization below $2 trillion.
Online pet retailer Chewy plans to open more automated fulfillment centers in 2023 to control costs and increase efficiency, which could help the company repurpose some capital spending, its chief financial officer said.
Graphics chip maker Nvidia is teaming up with electronics maker Foxconn Technology Group for electric vehicles.
Email Rob Curran at rob.curran@dowjones.com
