What's your point of view on recent share price fall in global IT stocks? FAANG ones.... (FB, Apple, Amazon, Netflix and Google) Fall is from approx 20-60% in these 5 players in the last 6 -12 months and I suspect a downfall in earnings and profits will impact the entire IT sector and eventually bubble will burst...

Thoughts??

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Stock market is leading indicator of economy/sector. So this is a start of bubble burst. New hiring/higher hikes will definitely impacted now.

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Bubble already started bursting, half burst over

Half is left

Learn some technical analysis, charts are clear since few months

By virtue of bubble, I was looking to get opinions on whether there is a belief that layoffs will happen, salary reductions, low hikes etc... as these global giants rule the IT industry

It's just a mini bubble

After 6 months again stock market will start going up to new highs

Don't think there should be any big structural change in job market

funny

Netflix, things are actually going wrong. Rest I don’t see any impact

Fundamentals makes technical patterns on chart. After every boom, recession comes and it depicts on charts after every few years.

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