Here is an interesting chart on how US tech companies suffered from recent slow down in earnings, some stock were rewarded like apple , but stocks like netflix and Meta formally known as facebook were beaten up , Check out US tech stocks net profit vs stock value.
US tech Net profit vs stock change
Tech Stock | Netprofit | Stock Change |
Apple | 1% | 15% |
Netflix | -3.5% | -54% |
Amazon | -9.4% | -47% |
Microsoft | -14% | -27% |
-27% | -37% | |
Meta | -52% | -76% |
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