2021 vs 2022 Market cap change in the Tech Industry (Top 10 tech stocks by market cap as of 21 Nov 2022) [OC]
Submitted by Savoy_Cabbage t3_z1r6n9 in dataisbeautiful
Interesting to see. Amazon is incredibly dramatic. Also Meta. The other ones are more or less market correction. I’m wonder if it’s a good time to go bull.
First company to lose $1trillion dollars in market cap.
I’m kinda bullish on Amazon personally. Not so much on meta.
Should be three years. 2020-2022. Amazon ~ doubled value over 2020. No way to keep that level of growth for an extended period of time.
I think the market hates everything right now so it’s a long hold for me. It hasn’t aged well and I’m down 20% but fuck it, I think they’re so deep in everyday life that they’ll succeed in the long term. Covid way overinflated some stuff but it also gave them huge money to invest in infrastructure upgrades and test the waters on some new stuff. It’ll come back… I hope.
Not Amazon getting the most of our governments subsidies on federal,state,and local levels during the pandemic...how cute
But the hits keep coming. I think Jassey needs to go and they bring back Bezos.
What does "going bull" mean? (Serious question)
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