Tech stocks sink on weak Amazon and Alphabet quarterly results
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SAN FRANCISCO (Reuters) - So-called FANG stocks and other tech shares sank in extended trade on Thursday following disappointing quarterly reports from Amazon.com Inc and Alphabet Inc.The weak results from Amazon and Google parent Alphabet were the latest setback for the high-growth quartet of stocks known as FANG, which also includes Facebook Inc and Netflix Inc. Wall Street favourites in recent years, those stocks have been punished in a month of volatility for U.S. equities that has some..