Tech Stocks This Week: Comcast Gets Slammed, Square Turns to Banking, and More

This week, Comcast (NASDAQ: CMCSA) suffered its biggest one-day decline in six years, Square (NYSE: SQ) put in an application to create its own bank, and speculation surrounding Apple's (NASDAQ: AAPL) upcoming iPhone 8 continued to build. Here's what investors should know.

Image source: Getty Images.

Comcast stock was hit hard on Thursday when a company executive warned that the cable company's video subscribers for its third quarter are expected to be down by about 100,000 to 150,000. Comcast blamed the headwind on Hurricane Harvey and fierce competition.

Source: Fool.com