Page 1
Page 1
Started By
Message
locked post

Tech is absolutely booming right now

Posted on 12/10/20 at 2:09 pm
Posted by agregime1
Member since Mar 2015
1265 posts
Posted on 12/10/20 at 2:09 pm
Damn just looking at the IPO's today and seeing Airbnb now valued at over $100b during a pandemic! Their market cap is now literally worth the market cap of Hilton, Hyatt, Wyndham, Choice, and extended stay combined Yesterday DoorDash now has a market cap of $60b! their CTO at 28 is now worth an outstanding $2b.
Its literally crazy, Amazon, Apple, Microsoft, Facebook & Google are now 22.7% of the S&P 500 & the SPY.
I dont know the stats but I bet tech combines for like 50-60% of the entire stock market... (Guessing)



Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
93270 posts
Posted on 12/10/20 at 2:09 pm to
Thanks, COVID...
Posted by BorrisMart
La
Member since Jul 2020
9026 posts
Posted on 12/10/20 at 2:10 pm to
Money board?.....

Jk our electronic overlord's are growing stronger by the day.
Posted by Huey Lewis
BR
Member since Oct 2013
5088 posts
Posted on 12/10/20 at 2:11 pm to
I'd be worried if there was any precedent for tech stocks being a bubble but since there isn't I'm pretty sure it's all smooth sailing from here.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11936 posts
Posted on 12/10/20 at 2:12 pm to
Nifty 5

Where are the other 45?
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13620 posts
Posted on 12/10/20 at 2:12 pm to
Friend,

You think that’s impressive? Go look at the Money Board. The last two days members have made six figures on a couple of bio stocks. Might be room for growth yet. As for ABNB, my target is 85$ in early Feb once covid puts fear in the travel industry. It will recover though.

Yours,
TulaneLSU
Posted by agregime1
Member since Mar 2015
1265 posts
Posted on 12/10/20 at 2:14 pm to
Oh I know, have you seen the wall street bets board on reddit , its literally people flipping 10k to 100k in weeks, crazy.
Posted by jfw3535
South of Bunkie
Member since Mar 2008
5485 posts
Posted on 12/10/20 at 2:21 pm to
Good thing I'm long in Apple, Microsoft and Facebook.
Posted by dandyjohn
Member since Apr 2009
804 posts
Posted on 12/10/20 at 2:48 pm to
quote:

Thanks, COVID...




first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram