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Feels like the tech bubble is bursting haha. Big co seems to be relatively safe but so many others are down 50%+ YTD. Robinhood, Wish, Peloton, Affirm, Opendoo

Feels like the tech bubble is bursting haha. Big co seems to be relatively safe but so many others are down 50%+ YTD. Robinhood, Wish, Peloton, Affirm, Opendoor, Roku, etc. etc.

rvz 5y ago
Indeed it is. More like the Big Tech Crash of 2022.
qgin 5y ago
AMZN p/s is less than half of MCD
- reducesuffering 5y ago
  P/S is almost never a comparable metric when margins like Amazon retail can be like 5%. AMZN p/s is also 4x Walmart.
gitfan86 5y ago
TDOC,COIN,RIVN. Yes this seems like a good thing. The multiples are getting more realistic
- ninkendo 5y ago
  The fact that 9 companies have been named and nobody even mentioned Netflix is a pretty telling sign. Down 70% from its peak last year!
- sgerenser 5y ago
  Hey those 3 are Cathie Wood’s best investment ideas! Poised for 40% annual growth over the next 5 years.
akira2501 5y ago
Is it a tech bubble, or a mergers and acquisitions bubble?
mr_toad 5y ago
If people were/are investing in companies with totally different businesses models because they’re all ‘tech’ companies then they deserve what they get.