why is tech market down today

Saturday, October 22, 2022 Edit

17 Oct 2022 1149 AM IST Equitymaster. First off lets take a look at the tech stocks that are falling today.

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AAPL stock is down 41.

. So why are tech stocks down today. The reason for the mixed earnings report from Snap has to do with advertising. Bloomberg So far in 2022 Wipro.

2022 has been particularly unkind to the tech sector. 22 hours ago5m ago By William White InvestorPlace Writer. Theres a couple of reasons worth noting.

Appeared first on InvestorPlace. Wipros results were not so good and the effect is already seen on its share price. Investors are worried about rising.

Microsoft NASDAQM SFT stock is. While the companys earnings per share of 8 cents. The Nasdaq fell into a bear market and more turmoil may be coming.

The stock market is taking a big downturn on Thursday and technology and growth stocks are some of the hardest hit. Snap SNAP missed revenue estimates for Q3. For the sake of comparison the SP 500 an index made up of 500 of.

The problems from Snap are found in its earnings report for the third quarter of 2022. What happened. Big names in Big Tech closed Friday out in the red capping off a rough week for the market.

The biggest of which is warnings of increasing. Tech Mahindra down 6. The market in general is down today and tech stocks in particular are getting hit as interest rates tick up again on concerns about inflation higher interest rates decrease the.

Why Are Tech Stocks Sinking Today. The tech-heavy Nasdaq Composite is down around 23 for the year so far after soaring 21 in 2021. Big tech stocks are falling today alongside an earnings report.

Jim paulsen chief investment strategist at the leuthold group said the following the cnbc. Key factors dragging Nifty lower After todays market crash investors became poorer by around Rs 7 lakh crore as the market. Why Are Big Tech Stocks Down Today.

Tech investors may already be questioning their hopes for 2022. Why are tech stocks down today. The company didnt pull in as much money from.

They include the following. 22 hours agoWhy Is This Affecting Big Tech Stocks. A lot of the market behavior in the tech sector can be traced back to fears of inflation.

Market crash leaves investors poorer by Rs 7 lakh crore. Of course the macro story with this market is. Read why tech stocks are down here.

TSLA stock is down 34.

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