return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 5 days agoAlphabet shares record their worst day ever, shedding $500 billion in valuewww.nbcnews.comexternal-linkmessage-square147linkfedilinkarrow-up1802arrow-down17
arrow-up1795arrow-down1external-linkAlphabet shares record their worst day ever, shedding $500 billion in valuewww.nbcnews.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 5 days agomessage-square147linkfedilink
minus-squarebanana_pie@piefed.ziplinkfedilinkEnglisharrow-up17·5 days agoThey are trading at big growth multiples. So if the rate of growth slows then it gets repriced. Their assumption was double digit growth rate, which is one helluva bet.
They are trading at big growth multiples. So if the rate of growth slows then it gets repriced. Their assumption was double digit growth rate, which is one helluva bet.