Date: FMP (Financial Modelling Prep)

Visualisation: R

That's what happens when you alienate half your user base and cater specifically to the other half.

What are you referring to?

Think it’s more interesting that Netflix and Meta were the outliers in this comparison. The whole market has down in this time. Was that the story you were going for?

Microsoft similar. I was going to go in big on tech this time last year. Still makes me shudder.

Those companies have catered to the lgbt community despite Republicans stating they'd quit using their services if they continued... and it happened. Go woke, go broke is a literal concept, not just a dumb slogan.

The performance of these stocks is largely a result of the Fed raising interest rates. It has nothing to do with politics.

Animation is not required. Why does everyone feel the need to animate simple charts? If there is no new information added through the added "time" dimension, an animation usually only makes the chart less readable and wastes the viewers time by delaying information that could be gathered at a short glance.

Is it possible that the stocks were overvalued in an environment where capital was borderline free, such that profits were unnecessary?

Is it possible that as interest rates started rising, bonds increased their attractiveness compared to equities, so seed capital became harder to get?

Is it possible that tech companies that have had stupid valuations compared to their earnings because they could just use equity to make money, now need to take on debt with rising interest rates, thus pushing their valuations to less stupid?

You know, do major economic events have impacts on markets? Or do people mad on Facebook determine the market?

You've got a case of confirmation bias that rivals my case of Dunning Krueger.