Dot-Com Bust 2.0 Is Becoming A Reality

  • Stocks that led the market for much of the past decade have fallen on hard times after surprisingly weak earnings from major tech companies.
  • Meta’s 75 percent collapse since its September 2021 peak has destroyed more than $800 billion in stock market wealth.
  • Amazon shares collapsed after it, too, posted disappointing results — and a Q4 warning — at the close of trading Thursday.
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