We’ve seen layoffs, hiring freezes and now some cold, hard numbers that show the tide is turning in the tech industry. After booming during the pandemic, big companies like Microsoft, Alphabet and Meta may now be feeling the pinch of a tighter economy. At least that’s the signal from a series of disappointing earnings reports this week. Apple was the exception, boasting record revenues, but sales of its new iPhone 14 were slower than expected. Marketplace’s Meghan McCarty Carino speaks with Daniel Newman, principal analyst at Futurum Research. And he says companies that rely on advertising are taking the biggest hit.