AggressiveConcert56 t1_j26std7 wrote
for the life of me i cant see why this happened. other than increased pandemic costs and spending alot of money on expansion which has been in line with their core business plan nothing bad has happened to the company. amazon is raking money they are not some overvalued tech company operating at massive losses. other than apple i cant think of a better company to just continue to invest in over time.
Hacking_the_Gibson t1_j27c6fy wrote
The big tech sell off makes absolutely no sense whatsoever. Hell, once Zuck realizes that $10B annually isn't going to buy him any additional friends, even META will come back because profit is absolutely paramount in this market.
Lots of complete dogshit has been getting murdered and rightfully so, but to watch GOOG, AMZN, and META be treated like some shitty SPAC? Makes me want to invent a time machine to fast forward 3 years to when I will be sitting on $2M, LOL.
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