Apple, Big Tech under pressure with Nasdaq 100 on pace for worst month since 2008 financial crisis

Big Tech companies like Apple and Microsoft, which are due to report their results next week, have come under additional pressure, with the Nasdaq 100 now on pace for its worst month since the 2008 financial crisis.Ryan Vlastelica for Yahoo Finance:A grim outlook from streaming giant Netflix Inc. was the latest excuse to sell the industry’s shares. Amazon.com Inc. and Facebook parent Meta Platforms Inc. were down over 20% from their records.
More than $1.7 trillion in value has been erased