david: tamar essner of nasdaq, thank you for being with us.t is going to be staying with us. coming up, faang's retreat. this is bloomberg. ♪ alix: tech wreck. here to take us through tech's correction is taylor riggs. taylor: we're looking at what could be the fourth straight day of losses in the faang index. you had a 9% drop. a lot of this coming from facebook and netflix. a lot of people say sentiment went too far, too fast. bank of america shorting some of the stocks. take a look at what that is doing to some of the etf flows as a measure of sentiment. we actually have some positive flows around google because earnings were better than expected on the 23rd and 26th. on the 27th, you had investors pull out about $144 million. invesco q2 qt the index has a quarter of its holdings in the faang index -- qqq index has a quarter of its holdings in the faang index. tina martin adams said that facebook and netflix were sort of the -- gina martin adams said that facebook and netflix were sort of the keys. -- the investment community really messed