Tech Stocks This Week: Apple's Pullback, Google's Hardware Bet, and More

Though it was a flat week for the S&P 500, tech stocks saw a bit more volatility as the heavily technology-weighted Nasdaq composite index pulled back about 0.4%. Apple (NASDAQ: AAPL) was among the big movers in tech, with its stock falling about 5%. Telecommunications company Sprint (NYSE: S) also saw its stock move big -- but in the other direction -- when reports surfaced that it may merge with T-Mobile (NASDAQ: TMUS).

Looking beyond stock-price movements during the week, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google notably announced a surprise acquisition of part of phone-maker HTC's business. Here's what investors should know about these stories.

Apple CEO Tim Cook meets with fans during the iPhone 8 launch. Image source: Apple.

Source: Fool.com