Disappointing guidance from several leading technology companies has put significant pressure on tech stocks. Investors are reacting negatively to revised earnings forecasts, triggering a widespread sell-off across the sector.

Several analysts have downgraded their ratings on key tech stocks, citing concerns about slowing growth and increased competition. The revised outlooks have shaken investor confidence, leading to increased volatility in the market.

The negative sentiment is expected to persist in the short term as investors digest the implications of the revised guidance. Market watchers are closely monitoring upcoming earnings reports for further indications of the sector’s overall health.