When was the last $1T tech sell-off?
That's what people are grousing about.
That's what people are grousing about.
What actually happened is that market cap declined by that amount, where market cap of course is just latest share price multiplied by shares outstanding.
Nobody should be surprised or care that this number fluctuates, which is why certain people try really hard to make it seem more interesting than it really is. Otherwise they'd be out of a job.
There is really nothing dumber than finance news.
We will never see another 1929 crash in which rich people had to sell off their cars.
Do you have this data out to 2025?
Sure, Trump wants to add Canada to his kingdom, but unless something wild happened while I was out shopping, still a different country.
Reminds me of Enron, really.
a) it's $800B
b) this is the largest such selloff since April
I wouldn't use it for investment decisions, however.
All we know is that over time retail investors tend to underperform the markets, but that's true of sophisticated institutional investors too.
Plus: in 2022 when we had a bear year retail was the one buying the dips according to the news.