It was indeed a terrible, horrible, no good, very bad week for the tech sector. From semiconductors and social media to computing and the cloud, the world’s biggest companies made plain in earnings reports the raft of challenges they are confronting. With a flood of unfavorable numbers coming their way, investors took in the news and sold.
Most of the biggest tech names managed to regain some ground Friday, propelled by Apple’s comparatively healthy performance. But the overall mood remained glum.
A few hundred different data points were shared with the market. Combined, they tell a tale of industries hit by a strengthening greenback, supply-chain snarls extending into a third year, inflation that is yet to be controlled and economic growth figures that look increasingly grim. We distilled all this down into 10 charts — be sure to tell us what we missed.
