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File: reversemaketcrashwtf.jpg (82 KB, 441x457)
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The sp500 is in freefall.
Is this the great correction everybody is waiting?
>>
Lots of people invested in stocks

It ballooned the values of big tech companies with multiples of 30, 50, so on. None of them can justify their cost without reporting earnings growth, which is the key. If the business stops growing, you stop investing, and either sell, or demand dividends.
>>
Tesla has a pe ratio of 55.
Most of that are ev subsidies.

They make ugly, outdated cars. Their assembly workers are tired and worried about layoffs.

A senior ai engineer has left the company a year ago. There isn't news of breakthrough products in the pipeline.

The big players will eventually roll over Tesla.
>>
Google has a pe ratio of 25, which means you'll have to wait 25 years until you get your money back with time invested.
That's if you're foolish enough to invest with google. If you've been living under a rock, Microsoft/OpenAI will replace search engines soon.

Google are such dick riders. They ride on everybody. Everything they have is stolen technology. All the way down to youtube videos.
When they bake their driverless taxi, everybody should ripoff it, and nobody would feel bad for doing it.
>>
>>58778995
Look at a weekly chart, this isn't a remarkable drop at all.

>>58779077
>Google has a pe ratio of 25, which means you'll have to wait 25 years until you get your money back with time invested.
Do you think their earnings will be flat for 25 years?
>>
>>58778995
it's back to what it was 5 weeks ago. what a shocker.
are you gay?



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