$Alphabet(GOOGL)$even as the stock split is coming, it has little or no effect on the price. This isnow the reality of the market as investor fears are greater than any small fluctuations.
Indeed, it is similar for $Amazon.com(AMZN)$which recently split. Given inflation, it is inevitable that most companies will have lesser earnings in the upcoming season and investors are spooked.
What's worse is that the end is not in sight, given the recent announcement that CPI is more than 9% and inflation is seemingly still rising. However, there is an opposing view that this isn't true and that data is lagging.
Well, this means investors will need to continue to wait to see if inflation has peaked. Another factor which may improve confidence is the announcement of Fed rates. This again only creates a temporary rally.
Additionally, if the war ends and that's a big if, things will get better. I'm not optimistic about this though.
In conclusion, I hope all investors to invest safe and remain steadfast in these difficult times. Once it was looming, hopefully it is here and will be over soon.
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Market sentiment is bad now