{"id":82999,"date":"2022-10-31T02:02:23","date_gmt":"2022-10-31T06:02:23","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82999"},"modified":"2022-10-31T01:58:02","modified_gmt":"2022-10-31T05:58:02","slug":"big-tech-falters-on-dreary-earnings-and-forecasts-for-q4-meta-has-worst-week-ever-amazon-tumbles-13","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2022\/big-tech-falters-on-dreary-earnings-and-forecasts-for-q4-meta-has-worst-week-ever-amazon-tumbles-13.html","title":{"rendered":"Big Tech falters on dreary earnings and forecasts for Q4\u2014 Meta has worst week ever, Amazon tumbles 13%"},"content":{"rendered":"\n<p>(CNBC)<\/p>\n\n\n\n<p>Other than <a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\">Apple<\/a>, last week was a brutal earnings week for Big Tech. <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\">Alphabet<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\">Amazon<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\">Meta<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\">Microsoft<\/a> combined lost over $350 billion in market cap after offering concerning commentary for the third quarter and the remainder of the year. Between slowing revenue growth \u2014 or declines in Meta\u2019s case \u2014 and efforts to control costs, the tech giants have found themselves in an unfamiliar position after unbridled growth in the past decade.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/10\/28\/big-tech-falters-on-q3-2022-results-as-meta-has-worst-week-ever.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Other than Apple, last week was a brutal earnings week for Big Tech. Alphabet, Amazon, Meta and Microsoft combined lost over $350 billion in market cap after offering concerning commentary for the third quarter and the remainder of the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82999","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82999"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82999\/revisions"}],"predecessor-version":[{"id":83000,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82999\/revisions\/83000"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}