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

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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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