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Google stock has fallen significantly since its highs. So has FB. MSFT has been doing well because of cloud and Teams. Airlines are heavy advertisers and their

by nojvek 7y ago

Google stock has fallen significantly since its highs. So has FB. MSFT has been doing well because of cloud and Teams. Airlines are heavy advertisers and their industry is crushed. We’ll see the next quarterly results. I bet at-least 30% revenue quarterly loss compared to last year. The economy is very intertwined. Especially when people start defaulting on mortgages en-masse. The 2 trillion stimulation hasn’t yet started sending out cheques to those who need it. Banks haven’t figured out how to loan to businesses that need it. The worst death count / day of virus is still to come. People can may be weather one or two months, after that. Shit will really hit the fan.

disgruntledphd2 7y ago
Stock prices are mostly bullshit. US equities (particularly growth stocks) have been massively over-valued for years, because of low interest rates and QE. Nontheless,they have a good business model and will most likely be fine (even if they show no revenue growth, they make a lot of money). If you're suggesting 30% revenue loss relative to last year, that's probably flat to -10% revenue for each of them, which in the midst of a global pandemic is pretty good. Like, things are going to be really bad for a whole lot of people, on that we agree. However, i continue to believe that Goog and FB's businesses will weather the storm a lot better than most other technology companies.