Black Friday for the tech giants
The first signs of the bursting of the AI bubble
Once upon a time, artificial intelligence was like an "Internet celebrity" in the technology industry, surrounded by capital everywhere it went, and even chain restaurants began to launch an "AI smart ordering" system. But just when everyone thought that AI would continue to be so popular, AI concept stocks suddenly seemed to be like chicken blood, and they poured out one after another, which was amazing.
It's like a once pampered starlet who is suddenly spurned by people. For the heavy fall of AI concept stocks, many teachers are not surprised. AI has indeed brought a lot of convenience to our lives, but it is still a long way from the real "artificial general intelligence". It's like a kid who has just learned how to make soy sauce and can't become a chef right away.
The collapse of AI concept stocks is likely to be just a precursor to the bursting of the technology bubble. It's like a small "fart" that signals something bigger to come. We'll see.
The shadow of weak performance looms
The earnings season is like a "final exam". This is undoubtedly a good opportunity for those companies with "excellent results" to show themselves. But for those "scumbag" companies, they can only pray for the teacher's mercy.
This time, the "report card" of many technology companies is really sighing. Taking ultra-microcomputer as an example, its performance doubts are like a "time bomb", which not only drags itself down, but also affects the entire industry. This is like a student who fails in the exam, not only his parents will be sad, but even the parents of his classmates will be implicated.
Even companies like Apple and Microsoft, which are at the level of "top students", cannot escape the fate of "declining grades". In this volatile economic environment, no one is immune to the suspicion of "cheating in the examination room".
Trillions of net worth turned into nothing
For the tech giants, the stock price crash has been a nightmare. Overnight, their trillion-dollar net worth "evaporated". It's like saving up your whole life and waking up to find that your wallet has been stolen.
The "net worth" of the tech giants is already a bit inflated. Much of their wealth comes from the valuation of the company's stock, which is often based on future expectations. Once expectations are disappointed, stock prices will naturally fall.
Take Apple, for example, and its market capitalization is largely due to investors' anticipation of its future innovation. But if Apple really doesn't innovate at all, as it has been in recent years, its stock price will plummet.
The "trillion-dollar net worth" of the tech giants is actually like a "sand castle", which looks spectacular, but once it is hit by a big wave, it will be easily washed away.
U.S. stocks are in the abyss of turmoil
The turmoil in the U.S. stock market is like a "world war". Investors are like armies from all walks of life, you come and go, you advance and I retreat, and no one wants to be "defeated" like this.
In this "war", technology stocks are undoubtedly the biggest "victims". In the current economic climate, the performance of technology companies is often the most vulnerable.
Take, for example, artificial intelligence, which was once seen as the "savior" of the tech world, now seems to be more of a "heavy baggage". To truly achieve the goal of "artificial general intelligence", it takes a lot of money and time, which is a heavy burden for many companies.
And the haze of the global economic slowdown is like a "protracted war". Every company is desperately "boiling", hoping to survive this "cold winter". But it is clear that not every company has this "strength".
For investors, the wisest thing to do now is to "avoid their sharpness and do what they like". In this "war", prudence is often more important than bravery.
The way forward for the tech giants
How are the tech giants going to get out of this predicament? It's like a "mind game" that requires them to come up with their trump cards.
For "veterans" like Apple and Microsoft, they may be able to rely on their "innovative strength" to win back the favor of the market. Their success in the past has largely been achieved through continuous innovation.
For those "newcomer" companies, they may need to find new "growth points" in a different way. For example, some companies may set their sights on emerging areas such as the metaverse in the hope of "starting anew" here.
No matter what path the tech giants choose, they need to stay focused. In these fast-changing times, any "strategic mistake" can cost them dearly.
Like a game of chess, tech giants need to be carefully laid out and patiently waiting for opportunities to come. Only then will they finally be able to win the "fruits of victory".
Will the tech bubble return?
When it comes to the tech bubble, many people think of the "disaster" of 2000. At the time, the concept of the Internet was infinitely exaggerated, resulting in a large number of companies with grossly inflated valuations. As you can imagine, the bubble finally burst in one night, and countless investors lost all their money.
Now it seems that there are some signs of a recurrence of this situation. The concept of artificial intelligence has been overhyped, and the valuations of many companies have become seriously out of touch with reality. It's as ridiculous as a child who has just learned how to make soy sauce and is regarded as a "chef".
Nor can we completely dismiss the promise of artificial intelligence. It does bring a lot of convenience to our lives, but it is still a long way from the real "general artificial intelligence". It's like a kid who isn't a chef yet, but as long as he works hard, he can become a chef one day.
For investors, the most important thing now is to stay calm and avoid blindly following the herd. The cost of bursting the bubble is very heavy, like a "nuclear explosion", which will cost everyone dearly.
The global economic slowdown looms over
The global economic slowdown is like a "plague" that hangs over the whole world. Every country and every industry will inevitably be attacked by the "virus". The technology industry, because of its high dependence on consumer spending, has naturally become the "hardest hit area".
When consumers' wallets tighten, technology companies will naturally feel the "chill" hit. No one buys a new computer or mobile phone in a bad economy. It's as ridiculous as buying a new TV when you're running out of food at home.
The impact of the global economic slowdown on tech companies has been enormous. It was like a "famine" that made all companies feel threatened with "malnutrition". In this case, technology companies can only desperately "diet", lay off employees and cut salaries in order to "survive".
This practice of "dieting" is also risky. If a company cuts too much, it is likely to affect its "constitution" and prevent it from "recovering" quickly after the economy improves. Tech companies need to carefully control the intensity of "dieting" to avoid the two extremes of "malnutrition" and "obesity".
The global economic slowdown has created significant challenges for the technology industry. But as long as the company can survive this "cold winter", the future is still bright. Just like a "patient", as long as you stick to the "treatment", you will be cured one day.
This turmoil in tech stocks is like a "drama". There are joys and sorrows, laughter and tears. The "trillion-dollar net worth" of the tech giants is as shocking as the sudden bankruptcy of a "rich man". The heavy fall of artificial intelligence concept stocks is like an "Internet celebrity" suddenly being spurned by people.
As we said, all this is just an "episode" of technological developments. The bursting of the bubble and the slowdown in the economy are only temporary "adversities". As long as technology companies can maintain their focus and continue to innovate, they will one day regain their glory.
It's like a good show, although there will be some "twists and turns" in the middle, as long as you keep watching, there will be a happy ending in the end. Let's wait and see what the tech giants will bring to the next "exciting"!