---
title: "Why are almost all tech stocks in a deep bear market right now?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291014471.md"
description: "Many Wall Street technology stocks have entered bear market territory, suffering significant declines from record highs. Coinbase has dropped 69%, while Oracle and Salesforce each fell 57%. ServiceNow is down 56%, with Netflix and Palantir also experiencing substantial losses."
datetime: "2026-06-26T23:03:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291014471.md)
  - [en](https://longbridge.com/en/news/291014471.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291014471.md)
---

# Why are almost all tech stocks in a deep bear market right now?

A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs. Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high. Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) have each lost 57%. ServiceNow (NYSE: NOW) is down 56%. Netflix (NASDAQ: NFLX) and Palantir...

### Related Stocks

- [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md)
- [CRM.US](https://longbridge.com/en/quote/CRM.US.md)
- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md)
- [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md)
- [NOW.US](https://longbridge.com/en/quote/NOW.US.md)
- [COIG.US](https://longbridge.com/en/quote/COIG.US.md)
- [NFLW.US](https://longbridge.com/en/quote/NFLW.US.md)
- [CRMG.US](https://longbridge.com/en/quote/CRMG.US.md)
- [COIW.US](https://longbridge.com/en/quote/COIW.US.md)
- [CONY.US](https://longbridge.com/en/quote/CONY.US.md)
- [FIAT.US](https://longbridge.com/en/quote/FIAT.US.md)
- [PTIR.US](https://longbridge.com/en/quote/PTIR.US.md)
- [NFXL.US](https://longbridge.com/en/quote/NFXL.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [CONI.US](https://longbridge.com/en/quote/CONI.US.md)
- [PLTG.US](https://longbridge.com/en/quote/PLTG.US.md)
- [PLT.US](https://longbridge.com/en/quote/PLT.US.md)
- [PLOO.US](https://longbridge.com/en/quote/PLOO.US.md)
- [NFLU.US](https://longbridge.com/en/quote/NFLU.US.md)
- [NFXS.US](https://longbridge.com/en/quote/NFXS.US.md)
- [ORCX.US](https://longbridge.com/en/quote/ORCX.US.md)
- [PLTD.US](https://longbridge.com/en/quote/PLTD.US.md)
- [PLTU.US](https://longbridge.com/en/quote/PLTU.US.md)
- [PLTZ.US](https://longbridge.com/en/quote/PLTZ.US.md)
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- [NOWL.US](https://longbridge.com/en/quote/NOWL.US.md)
- [NFLY.US](https://longbridge.com/en/quote/NFLY.US.md)
- [NFLP.US](https://longbridge.com/en/quote/NFLP.US.md)
- [COIA.US](https://longbridge.com/en/quote/COIA.US.md)
- [COIO.US](https://longbridge.com/en/quote/COIO.US.md)
- [CONX.US](https://longbridge.com/en/quote/CONX.US.md)
- [COYY.US](https://longbridge.com/en/quote/COYY.US.md)
- [ICOI.US](https://longbridge.com/en/quote/ICOI.US.md)
- [07711.HK](https://longbridge.com/en/quote/07711.HK.md)
- [09311.HK](https://longbridge.com/en/quote/09311.HK.md)
- [ORCU.US](https://longbridge.com/en/quote/ORCU.US.md)
- [ORCS.US](https://longbridge.com/en/quote/ORCS.US.md)
- [PLTA.US](https://longbridge.com/en/quote/PLTA.US.md)
- [PLTY.US](https://longbridge.com/en/quote/PLTY.US.md)
- [PLYY.US](https://longbridge.com/en/quote/PLYY.US.md)
- [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md)

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- [Verde Capital Management Boosts Stock Position in Netflix, Inc. $NFLX](https://longbridge.com/en/news/290543386.md)
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- [J. Derek Lewis & Associates Inc. Buys New Shares in Oracle Corporation $ORCL](https://longbridge.com/en/news/290346425.md)
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