Not GP but yes I'm saying exactly that. If you concede the following axioms: 1. All tech companies' management and investors are primarily incentivized to incr

Not GP but yes I'm saying exactly that. If you concede the following axioms: 1. All tech companies' management and investors are primarily incentivized to increase the stock price total return. 2. High interest rates are kryptonite for growth tech company stock prices and will always be the biggest dampener on stock price recovery and growth. It makes sense that company management and investors are incentivized to get rid of high interest rates. You can't manage your way out of a problem that wasn't caused by poor management. These companies were darlings of the market one week and shunned as uninvestable the next. The only thing that changed was the macro environment. You don't need actual synchronization to observe a synchronous response. If disjoint parties have the same incentives and are equally rational, they will move in a direction that appears synchronized. Of course, these companies aren't even actually disjoint - the same management consultants may well be advising multiple tech companies and coordinating a response. Big tech growth companies are an extremely rich and powerful segment of the economy. I wouldn't put it above them or beneath them (depending on how you view it morally) to not take givens as givens and manipulate their environment itself.