<div id="readability-page-1">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...</div>

NFLX

COIN

<p>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.</p>

- Many Wall Street technology stocks have entered bear market territory due to significant losses from their peak values.  
- Coinbase has decreased by 69% from its all-time high, while Oracle and Salesforce have each experienced a drop of 57%.  
- Other notable declines include ServiceNow at 56% and additional losses among firms like Netflix and Palantir.

Netflix

Salesforce

Coinbase

Oracle

Palantir Tech

ServiceNow

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