Big Tech Getting #rekt

It's earnings season and it's been a doozy. Some companies are missing on revenues, some are missing on net earnings, and it seems like pretty much all of them are issuing bad guidance.

Bad guidance means that the companies are saying the next quarter/year/whatever is going to be worse than what investors were expecting up until now.

Seems like all these firms are saying 2023 is going to suck.

Nancy has to be calling JPow at this point and asking Wen Fed Pivot?

Weekly charts: