Analysts have started cutting their earnings estimates for big tech, signaling a potential market downturn. Notably, nvidia, alphabet, and amazon are among the companies seeing declines, with the overall s & p 500 expected to follow suit as market conditions shift.

Barclays analyst providing insights on big tech's earnings estimates.

Cited as one of the momentum stocks experiencing a decline this year.

Mentioned as experiencing a 7% drop in stock this year.

Noted for shedding roughly 6% of its stock this year.

Chief global strategist at Freedom Capital Markets who commented on market conditions.