Companies are cutting share buybacks, which could hurt a possible market rebound.
Even amid the rout, big tech stocks' earnings don't justify their prices.
Nvidia shares have plunged 55% this year, the biggest drop among tech stocks with market values of $100 billion.
Analyst estimates for 2022 profit growth at S&P 500 tech companies have fallen.
Individual investors take stock splits as a bullish sign that a company is optimistic about its outlook.
If profits do in fact start to shrink, that would erode the argument that many stocks are in bargain territory.
Shares of the e-commerce giant rose 2% in New York after the split.
Violent selloffs forced a Cantor Fitzgerald equities handicapper to pull his stock rebound prediction.
The Nasdaq 100 Stock Index is wrapping up its worst two-day drop in nearly a month.
The world's richest man was all over the U.S. stock market on Monday.
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