The tech-heavy Nasdaq Composite index is officially in a bear market after dropping 26% year to date, but some investors are on the hunt for bargains that could spike in value once more optimism returns to the markets. Looking specifically at the 100 largest non-financial companies listed -- otherwise known as the Nasdaq 100 -- Facebook parent Meta Platforms (NASDAQ: META) and Netflix (NASDAQ: NFLX) rank toward the bottom of the list in year-to-date performance. Revenue growth is decelerating at Meta due to weakening trends in the advertising market, while investors are wondering if Netflix can resume growing subscribers in a more competitive streaming market.
Yahoo Finance tech reporter Allie Garfinkle details how tech sector investing from venture capitalist firms is falling amid hiring freezes and lay offs occurring in the tech space.
Yahoo Finance's Allie Canal joins the Live show to look at what companies are responding to the Roe v. Wade overturn, including travel and healthcare costs for employees seeking abortion access, in addition to the economic impact this ruling will have on women in the workforce.