NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?

InvestorPlace2022-04-21

Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...

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Coyotero
·2022-04-21
Shorters love this, and oportunitty to down all the market below unfair valuation. And also an opportunitty to buy the dip
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ming22
·2022-04-21
Red Sea.... Time to dca
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Jovywithyou
·2022-04-21
Up up please!
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JamesfromSG
·2022-04-21
That sucks
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Tofu9
·2022-04-21
Ok
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kaido
·2022-04-21
Nice like pls
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Tittybyte
·2022-04-21
Will rebound by next week[Happy]
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So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","article_id":"1103043910","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","pubTimestamp":1650507867,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉","RBLX":"Roblox Corporation","SPOT":"Spotify Technology S.A.","SHOP":"Shopify Inc","NFLX":"奈飞"},"translate_title":"NFLX，FB，RBLX，商店，现货，TSLA：为什么科技股周三下跌？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FB":0.9,"NFLX":0.9,"RBLX":0.9,"SHOP":0.9,"SPOT":0.9,"TSLA":0.9},"content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. 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Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9082364012,"gmtCreate":1650525329907,"gmtModify":1676534744797,"author":{"id":"4088603056259110","authorId":"4088603056259110","name":"Coyotero","avatar":"https://static.tigerbbs.com/574bc8dfeae125970c5216cebb00264f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4088603056259110","authorIdStr":"4088603056259110"},"htmlText":"Shorters love this, and oportunitty to down all the market below unfair valuation. And also&nbsp;an opportunitty to buy the dip","listText":"Shorters love this, and oportunitty to down all the market below unfair valuation. And also&nbsp;an opportunitty to buy the dip","text":"Shorters love this, and oportunitty to down all the market below unfair valuation. And also an opportunitty to buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082364012","repostId":1103043910,"repostType":4,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082957106,"gmtCreate":1650513300644,"gmtModify":1676534742661,"author":{"id":"3571044771112848","authorId":"3571044771112848","name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571044771112848","authorIdStr":"3571044771112848"},"htmlText":"Red Sea.... Time to dca&nbsp;","listText":"Red Sea.... Time to dca&nbsp;","text":"Red Sea.... Time to dca","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082957106","repostId":1103043910,"repostType":4,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082923105,"gmtCreate":1650511645477,"gmtModify":1676534742263,"author":{"id":"3574888925418206","authorId":"3574888925418206","name":"Jovywithyou","avatar":"https://community-static.tradeup.com/news/62a913f9f0681804ef9ab0459308ad62","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3574888925418206","authorIdStr":"3574888925418206"},"htmlText":"Up up please!","listText":"Up up please!","text":"Up up please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082923105","repostId":1103043910,"repostType":4,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082916547,"gmtCreate":1650509060251,"gmtModify":1676534741624,"author":{"id":"4090044065782350","authorId":"4090044065782350","name":"JamesfromSG","avatar":"https://static.tigerbbs.com/d251750cfb493127443c3b9990000f69","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4090044065782350","authorIdStr":"4090044065782350"},"htmlText":"That sucks&nbsp;","listText":"That sucks&nbsp;","text":"That sucks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082916547","repostId":1103043910,"repostType":4,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082918852,"gmtCreate":1650508989928,"gmtModify":1676534741591,"author":{"id":"4108293058109510","authorId":"4108293058109510","name":"Tofu9","avatar":"https://community-static.tradeup.com/news/e56ecc865ab084f2099826e2865c501e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4108293058109510","authorIdStr":"4108293058109510"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082918852","repostId":1103043910,"repostType":2,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082919207,"gmtCreate":1650508774169,"gmtModify":1676534741458,"author":{"id":"3574926290820486","authorId":"3574926290820486","name":"kaido","avatar":"https://static.tigerbbs.com/b3866436a9d4f9acaf05b97581f52f9d","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":0,"idStr":"3574926290820486","authorIdStr":"3574926290820486"},"htmlText":"Nice like pls","listText":"Nice like pls","text":"Nice like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082919207","repostId":1103043910,"repostType":4,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082932758,"gmtCreate":1650508376538,"gmtModify":1676534741355,"author":{"id":"3582017379554112","authorId":"3582017379554112","name":"Tittybyte","avatar":"https://community-static.tradeup.com/news/73d074364af663256eac46e93910f489","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582017379554112","authorIdStr":"3582017379554112"},"htmlText":"Will rebound by next week[Happy]&nbsp;","listText":"Will rebound by next week[Happy]&nbsp;","text":"Will rebound by next week[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082932758","repostId":1103043910,"repostType":4,"repost":{"id":"1103043910","pubTimestamp":1650507867,"share":"https://ttm.financial/m/news/1103043910?lang=&edition=fundamental","pubTime":"2022-04-21 10:24","market":"us","language":"en","title":"NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1103043910","media":"InvestorPlace","summary":"Tech companies experienced a widespread selloff following Netflix's disastrous earnings call","content":"<html><head></head><body><p>Tech stocks closed down across the board today following <b>Netflix’s</b> (NASDAQ:<b><u>NFLX</u></b>) disappointing first-quarter earnings report. So what do you need to know?</p><p>Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.</p><p>Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy <b>Nasdaq Composite</b>. Companies like <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>), <b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) and <b>Tesla</b> (NASDAQ:<b><u>TSLA</u></b>) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.</p><p><b>Tech Stocks Sink on Netflix Earnings Flop</b></p><p>Netflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.</p><p>Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.</p><p><b>Roblox</b> (NYSE:<b><u>RBLX</u></b>) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was <b>Meta Platforms</b> (NASDAQ:<b><u>FB</u></b>), formerly known as Facebook, which closed down about 8% today.</p><p>Finally, it appears even music streaming companies are suffering today, as <b>Spotify</b> (NYSE:<b><u>SPOT</u></b>) close down roughly 11%.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix ...</p>\n\n<a href=\"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞","SHOP":"Shopify Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation"},"source_url":"https://investorplace.com/2022/04/nflx-fb-rblx-shop-spot-tsla-why-are-tech-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103043910","content_text":"Tech stocks closed down across the board today following Netflix’s (NASDAQ:NFLX) disappointing first-quarter earnings report. So what do you need to know?Well, on Tuesday after market close, Netflix reported its financial results for Q1, and it wasn’t pretty. Netflix managed to miss even bearish estimates, announcing a loss of 200,000 subscribers in its first quarter. For context, despite a reportedly slow start to the year, analysts still expected the company to add 2.8 million users. This marked the first net subscriber loss for the streaming company since 2011. Additionally, the company shared that it expects to lose an additional 2 million subscribers in Q2.Netflix’s earnings plunge has dragged the whole market today, especially the tech-heavy Nasdaq Composite. Companies like Spotify (NYSE:SPOT), Shopify (NYSE:SHOP) and Tesla (NASDAQ:TSLA) closed down, while the Nasdaq dropped 1.2%. Netflix itself shed 35%, wiping off $50 billion in market capitalization.Tech Stocks Sink on Netflix Earnings FlopNetflix has had a ripple effect across the markets. Even Tesla couldn’t avoid the bears today, despite excitement and speculation ahead of its after-hours earnings call.Aside from Netflix, Shopify appears to be one of the greatest secondary casualties, dropping more than 13% to close Wednesday. With that said, the company has been in something of a downward spiral since November. The Netflix-induced tech crash likely accelerated the e-commerce giant’s bearish trend.Roblox (NYSE:RBLX) also was a big loser, with RBLX stock closing down about 12.5%. Joining it in metaverse mayhem was Meta Platforms (NASDAQ:FB), formerly known as Facebook, which closed down about 8% today.Finally, it appears even music streaming companies are suffering today, as Spotify (NYSE:SPOT) close down roughly 11%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":147,"commentSize":7,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}