Alphabet, Microsoft Earnings Spark Tech Rout

The transcript discusses the financial guidance issues faced by Alphabet and Meta, highlighting concerns over their market performance. Alphabet's poor guidance and Meta's financial challenges due to Apple's IDFA changes are examined. The discussion also covers market expectations, company valuations, and concerns over Meta's spending on the metaverse project.

What concerns are raised about big businesses and their marketing spend?

How did Alphabet's guidance for the quarter differ from the previous quarter?

What impact did Apple's IDFA changes have on Meta's financial guidance?

What are the current valuation multiples for Meta, Alphabet, Apple, and Microsoft?

What is the main concern regarding Zuckerberg's spending on the metaverse project?