Tech companies lost $17 billion in Q1 as equity investments take a hit - CNBC

Amazon, Uber, Alphabet and Shopify each recorded losses of over $1 billion in the first quarter from their investments in other tech companies.

An electric Amazon delivery van from Rivian cruises down the street with the Hollywood sign in the background. The tech sell-off of 2022 accelerated in the past couple weeks, with first-quarter earn… [+5118 chars]

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