Welcome to the Tech Meme Right Home for Monday, May 9th, 2022. I'm Brian McCullough.

Today, everything is down and not just tech stocks, now crypto too.

More signs of belt tightening and possible hiring freezes this time from Uber.

Twitter has avoided the overall market route thanks to Elon's bid, but could the downturn affect that as well?

Instagram launches an NFT pilot and what to expect from Google's I.

Later this week.

Here's what you miss today in the world of tech.

At the time of this writing the stock market is down again,

NASDAQ down more than 3%. You probably don't need me to tell you that if you've been

checking your 401k recently.

Again, tech stocks are leading the way down and a specific type of tech stock

specifically, let's call it companies that went public over the last three to

five years and did well over

COVID times stocks like that are down brutally. Maybe everything will have

turned around slightly by the time you hear this but it's unlikely to be a full

narrative reversal on

Twitter this weekend it was all doom and gloom or else lots of folks giving advice

to startups about what they should be doing to get through this downturn but if you're

a crypto person it's unlikely you've had a

better morning because Bitcoin has fallen by up to 4.5% reaching

32,800 dollars, its lowest level since July 2021 as investors back away from all risky investments.

Cardano, polka dot, all sorts of crypto is down as well.

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