Earnings for FANG stocks as a group were down 10% year-over-year, with the declines driven primarily by falling advertising revenues and declining visitor traffic rather than cost increases.

factualpending

Speaker

Ted Oakley

Evidence Quote

if you just take for example the Fang stocks you know as a group they were down 10 in earnings from you know from a year ago so they were that's the kind of thing you start to see now we own other thing a lot of things besides we don't that's not a big big area for us but I will say that what we're finding on companies in general is they're starting to announce now that we're not going to hit the number or they've decreased their expectations

Source

The Bear Market Has Only Just Begun | Ted OakleyForward Guidance
Created: 8/10/2026, 11:14:48 PM

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