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Why Amazon, Alphabet, and Snowflake Stocks Fell Hard on Wednesday

Why Amazon, Alphabet, and Snowflake Stocks Fell Hard on Wednesday

The gut-wrenching roller-coaster ride that began last year continued for investors today, with a broad cross-section of stocks losing ground. The economy was a big question mark going into earnings season, and investors have been waiting to see if technology companies would be resilient or feel the further effects of the bear market. The weak results of one tech titan seemed to provide a clue, and investors headed for the exits.