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

MSN

6 hours ago

Complete. Here is the key summary

Disclaimer

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.

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...

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