Tech stocks

You should have more shares of AMZN than BTC

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Yeah time will show people come back for Mandalorian season 2 and then cancel again lol

user are you purposefully being retarded?

EQIX AMT SOXL TQQQ

Which part of my statement is retarded? The only reason their numbers are up rn is because of the pandemic. This is a fact.

maybe try to figure out other companies than the top 3?

They have had month after month of growth they are over 60 million currently and are well on their way to being a powerhouse in streaming. Just because you found only one show to watch on there doesn't mean everyone has.

yep, thats exactly how they can take netflix users.
Mandalorian is introducing a lot of people (who use netflix) to Disney+.
If disney+ content is good during season 2, some people will make the switch.

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I equate further Amazon growth with living in a dystopian hell world so I'd rather not bet on that

They're losing market share every single quarter while all of their competitors are gaining. They have a great product but that doesn't really matter when they're already overvalued.

Are they though? I don't hear anyone cancelling their Netflix subscription because of [competitor] subscription. People just buy both.

I cancelled Netflix long ago when they bundled Hulu with Spotify

While I think Netflix is in trouble, their cinematography is light years ahead of the shit seen on the recent Disney movies. They're terrible. I unironically expect Hulu and HBO to take 25% each of Netflix's market share in the next 5 years. Disney might get a couple percent.

I cancelled mine and picked up Hulu and HBO. I use my sister in laws Netflix when they have something that goes super pop like birdbox, otherwise it's mostly diversity trash in their originals.

Honestly Disney these days is probably just catering towards the Chinese market in everything they do. They will never come out with anything original or culture-changing at all, ever again. If they do, it'll be something for the chink market only.

disney+ is shit but people don't care

tech stocks are the only stocks big money is buying. They're the "safe bet". They'll never let it go down because they keep buying.

Also they have extremely high profit margins due to the low operating costs and huge revenue from ads.

>They're terrible.
youre talking about your fine kino taste. I'm talking about the money. I agree that huge Disney blockbusters are generally copy-paste trash

Nobody likes the new Disney movies though. Not anyone I know and I certainly don't surround myself with cinema snobs.

Legal and General Global tech index for the last 10 years.
>Do they ever go DOWN?
No, they do not. Even the recession just slowed them a little.

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WHAT?! ive been using spotify for like 8 years, i didnt even know

Netflix has a crap brand image. Even normalfags don't like it anymore and virtually nobody likes the netflix productions.

and yet

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I don't know why you think this user but I have a suspicion that you don't have any normie friends, or you're a boomer.

Oh wait im guessing hulu is limited to US only? Time to rev up that vpn i suppose

Might be different if you were surrounded by children, might get a better insight

it depends on what is your goal:
get rich fast
save for retirement
save for buying a house

in general, investing in a special domain (like IT, pharma) is riskier because they can go down together - see the internet bubble in 2000. a lot of big companies lost 89% then including intel and Cisco. if you want something which has consistent better performance than the average investment found, invest in an etf which follows an index. if you want to get rich faster, there are probably better stocks out there, with a better pe ratio (more bucks gained when the same sum is invested)

OK reddit.

it is a myth that tech stocks are recession proof.
iPhones will stay in demand (for the foreseeable future). But what about $1000 computer stands? Or overpriced headphones? Or brand new chargers (versus generics)? AAPL being recession proof is a meme. In the event of a global recession/depression, sales will fall. All the bullshit accessories will suffer.
Or Facebook. Facebook makes it money from advertisements. In times of recession, advertisement slots are worth less.
Hell, all of these companies are overvalued because of the "tech is recession proof" meme. It's the same dumbass logic that led to people being ruined by oil and real estate. "We'll always use it, therefore it can't go down." No, it can always go down.

Maybe but children have no money so I don't understand how that is relevant.