Wall Street is like a big room where lots of people come to buy and sell things, and these things are called stocks. The price of these things can go up and down, just like the prices of toys or candy in a toy store.

Today, five things that many people were buying and selling in this big room were: Tesla, Amazon, Nike, Walmart, and Alibaba. These are all big companies that make lots of money. People like buying stocks of these companies because they think they will make more money from them in the future.

Some of these companies had good news today, and others had bad news. When the big boss of a company, who is like a teacher, does something that makes people happy, the price of their stocks go up, like when a teacher gives you a gold star for doing well in school.

However, sometimes the big boss does something that makes people angry, like taking away your candy. When this happens, the price of their stocks go down, just like when you drop your ice cream cone on the ground and it breaks into pieces.

Today, the big boss of Amazon did something that made people happy, so the price of Amazon's stocks went up. However, the big boss of Walmart did something that made people angry, so the price of Walmart's stocks went down.

All of these people coming together in the big room of Wall Street can make the prices of stocks go up and down very quickly, just like when you play a game of musical chairs and the music stops and you have to find a chair to sit on very fast! Read from source...

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### AI:
Title: Tech giants tumble after mixed earnings, recession fears grip markets
Source: Associated Press
Article text:

U.S. stocks slid Wednesday as technology giants reported mixed earnings and recession fears deepened following a downbeat economic outlook from the Federal Reserve.

The Dow Jones Industrial Average shed 0.4% to close at 34,347. The S&P 500 lost 0.8% to 4,356 and the tech-heavy Nasdaq tumbled 1.8% to 12,967.

The Fed on Wednesday signaled that it could begin reducing its balance sheet "a bit more quickly" than previously anticipated, as policymakers seek to aggressively tackle inflation. The central bank's balance sheet currently stands at nearly $9 trillion.

Recent economic data has shown a slowdown in growth, raising concerns that the economy could be headed for a recession. Inflation remains near 40-year highs, with the latest consumer price index reading showing prices rose 8.3% in August from a year earlier.

Tech stocks were hit particularly hard, as companies such as Apple, Amazon, and Microsoft reported mixed earnings for the second quarter. Apple's revenue growth slowed to 2% in the quarter, while Amazon's sales growth fell to 7%. Microsoft's revenue growth was just 2%.

The tech sector has been under pressure as the Fed raises interest rates to combat inflation. Higher interest rates make it more expensive for companies to borrow money, which can hurt profits and slow down economic growth.

Investors are also worried about the impact of the ongoing trade war with China, which has disrupted global supply chains and increased costs for companies.

Overall, the market is struggling to find its footing as investors weigh the impact of inflation, rising interest rates, and the potential for a recession.

### AI:
Title: Tech stocks tumble as mixed earnings, recession fears grip markets
Source: Reuters
Article text:

U.S. tech stocks tumbled on Wednesday as mixed earnings reports and recession fears weighed on investor sentiment.

The Nasdaq Composite Index dropped 1.8%, while the Dow Jones Industrial Average shed 0.4% and the S&P 500 lost 0.8%.

Tech giants such as Apple, Amazon, and Microsoft reported mixed earnings for the second quarter, with revenue growth slowing down compared to previous quarters.

Apple's revenue growth slowed to 2% in the quarter,

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Posted by: Uthansain p.