Wall Street doesn't like Amazon any more. (Or Netflix, or Google, or most tech compan

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Wall Street doesn't like Amazon any more. (Or Netflix, or Google, or most tech compan

Wall Street doesn't like Amazon any more. (Or Netflix, or Google, or most tech companies.)

The tech reckoning might be on its way.

Stocks for the big internet companies have fallen 11% year to date, dropping more substantially than the rest of the stock market, per a Goldman Sachs report.*

SEE ALSO:*Tech FANGs — Facebook, Apple, Netflix and Google — are worrying about the stock market

The biggest contributors, according to Goldman, to the downswing are LinkedIn (down a whopping 49%), Netflix (down 22%), Amazon (down 21%), eBay (down 13%), and Alphabet (down 7%).

And things could have been even worse.

FANG — Facebook, Amazon, Netflix, and Alphabet (nee Google), the group of the best-performing tech stocks — outperformed, thanks to the share price of its crown jewel Facebook, which stayed flat while its colleagues faltered. Read more...


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