Nasdaq stocks are 70/50 and 20% down minimum, signalling tech stocks having liquidity issues to fund new projects.

India is resilient, but wondering if our US clients are expected to cut down IT budget citing budget / inflation woes?

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Facebook provided 4 factors responsible for slowing revenue growth and increased costs. Apple’s introduction of App Tracking Transparency is the first one listed.

“Loss of signal from iOS changes”
The war in Ukraine
The “general macroeconomic environment”
Easing of lockdowns resulting in people spending less time online

+1

When you can't predict stock market based on life, don't try to do the vice versa either

Yes seems to be people are expecting a recession like situation in the world in coming months.

Us markets are the first sign, but I hope India is ok throughout all of this

And if your answer is don't look at stock price

Operators/ Insiders aren't fools to dump Tech stocks to 50% , they know something which we don't know still!

I don't think budget will go down, but getting new clients on-board or initiating new projects will become difficult.

📌This is noise; not signal...

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