Lyft Inc on Thursday forecast current-quarter revenue below Wall Street estimates, blaming the impact of extremely cold weather on some of its major markets and lower prices during peak hours, sending its shares tumbling 28%.
Amazon was cut in half in 2022. All thanks to the tech stock rout, soaring inflation, fed-up consumers, slowing sales, and rising interest rates. Amazon's market cap shrank from $1.7 trillion to $834 billion. However, don't write Amazon off just yet.
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