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LookOnTheDarkSide t1_ixd7ry9 wrote

Reply to comment by originalusername__ in 2021 vs 2022 Market cap change in the Tech Industry (Top 10 tech stocks by market cap as of 21 Nov 2022) [OC] by Savoy_Cabbage

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.

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originalusername__ t1_ixd82fm wrote

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.

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atsyrks t1_ixexf5h wrote

Not Amazon getting the most of our governments subsidies on federal,state,and local levels during the pandemic...how cute

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