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Savoy_Cabbage OP t1_ixccvwb wrote

  • Source: yCharts as of 21 November 2022
  • Tool: Google Sheets
9

Paululous t1_ixcg94h wrote

That's so trippy... I thought the x-axis was bent

307

L3R4F t1_ixciq9e wrote

What is the company after NVDA?

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feierlk t1_ixck3vf wrote

is the y-axis not flat or smth?

2

Asleep_Ninja_ t1_ixco9dq wrote

Now is a good time to buy stocks. They will all go up next year

1

KikeRiffs t1_ixcoaaq wrote

Interesting to see. Amazon is incredibly dramatic. Also Meta. The other ones are more or less market correction. I’m wonder if it’s a good time to go bull.

41

Funny-Bear t1_ixcppe2 wrote

What company is to the left of Meta?

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thermidorthelobster t1_ixcq787 wrote

Maybe it’s just me but what does zero represent? What’s the baseline?

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ubioandmph t1_ixcqvza wrote

I wondered why the horizontal axis was sloped. Had to squint and stare to realize it’s perfectly straight

13

Savoy_Cabbage OP t1_ixcqw37 wrote

Replying to thermidorthelobster (#614,594)

The scale is the change in market cap from 2020 to 2021, and from 2021 to 2022. Zero represents a $0 change in market cap.
e.g. 2020 market cap = 100, 2021 market cap = 150, 2022 market cap = 110; then 2021 change = +50, 2022 change = -40

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Less-Dragonfruit-294 t1_ixcreg5 wrote

Almost like they were going to plummet soon as the free cash stopped being pumped.

13

originalusername__ t1_ixd82fm wrote

Replying to LookOnTheDarkSide (#616,551)

I think the market hates everything right now so it’s a long hold for me. It hasn’t aged well and I’m down 20% but fuck it, I think they’re so deep in everyday life that they’ll succeed in the long term. Covid way overinflated some stuff but it also gave them huge money to invest in infrastructure upgrades and test the waters on some new stuff. It’ll come back… I hope.

3

ThibiiX t1_ixdcx7k wrote

Replying to ElderWandOwner (#614,379)

They own 100% of Riot Games (League of legends, Valorant), PUBG Mobile, 84% of Supercell (Clash of Clans, Clash Royale), 80% of Grinding Gear Games (Path of Exile) and 40% of Epic (Fortnite, Rocket League) to only list the most knowns. Less important but they also own 10% of Ubisoft and 17% of From Software (the Dark Souls games).

So yeah they're kinda huge in gaming actually ahah

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f1sh-- t1_ixdherm wrote

Tesla is not a tech stock it is consumer discretionary.

1

magrilo2 t1_ixdhv2f wrote

It is all fantasy anyways. If all stocks are sold, the true value comes up.

3

Deja-Vuz t1_ixdl5dy wrote

Good to know. These big companies are stealing and shutting down the small local stores. Especially Amazon

0

Greedy-Knowledge6043 t1_ixdmaoc wrote

I have a very hard time classifying Tesla as a tech stock. Love to see Meta's decline. Hopefully that company gets wiped out entirely in the coming years.

1

Yahallo139 t1_ixdqn1s wrote

Is it because of the pandemic being over?

1

TravelingSpermBanker t1_ixdr8oe wrote

Conclusion, the big 3 keep showing themselves as the cream of the crop

1

notacanuckskibum t1_ixdswr4 wrote

Ugly presentation in IMHO.

It would be better if the 2022 drop started from the top of the 2021 rise, so we could see the net change.

It would also be better if the Y axis was % of Jan 2021 value rather than absolute dollars. For stockholders a $10 drop on a $20 stock is a much bigger issue that a $20 drop of a $400 stock.

9

Embarrassed_Alarm450 t1_ixe39e5 wrote

Replying to SanJJ_1 (#616,249)

That's how they get you. All these big solo brands you think are independent are mainly owned by an even bigger company. Tencent supposedly gives GGG and Riot pretty great freedom in design choice tho, pretty hands off from what I heard anyway. Not sure how they treat the other games tho.

1

PastaBob t1_ixebdxe wrote

Replying to ar243 (#619,456)

Yeah, the online games.

Honestly though, if my kids were into rocket league of play it. Not to be competitive or anything, I find it fun and relaxing.

3

ScotiaTheTwo t1_ixf5wok wrote

bad time to be invested in a risky tech-heavy pension fund eh?

1

echo_in t1_ixf7ue6 wrote

Can I get a ELI5 explanation of how this matches the corporate greed money vacuum story

1

Oddmob t1_ixfc9y7 wrote

Replying to Savoy_Cabbage (#614,675)

You should put that in the image.

It says 2021 vs 2022. I assumed it was just the change between those two. I came to the comments to find out what the second bar was.

3

Ambitious-Event-5911 t1_ixfqw1j wrote

Seems like a textbook market correction. The higher they went the lower they fell.

1

PoopingIsAWorkout4Me t1_ixg441b wrote

Replying to Less-Dragonfruit-294 (#614,742)

Still baffles me that people don’t understand the macroeconomics behind this, and they think “ugh, market is broken!”

It took the Nasdaq ~16 years to recover to levels seen in 2000 before the dot com bust. This time, we’ll see, but boy if people think that after this reversal of record cash infusion, fed buying and interest rate increases that the market will recover in a year or two, they’ve got something else coming to them.

Imo, look at the 1960s. That’s what we’re gonna do for the next decade.

1

PoopingIsAWorkout4Me t1_ixg4ikb wrote

Replying to f1sh-- (#617,639)

It might be defined that way, but I disagree wholeheartedly. They’re not an auto manufacturer, they’re a tech company. Anyone can make an electric car, it’s how it’s presented and how the person engages with it.

Also, they’re literally in the Nasdaq 100, weighted between Alphabet and Nvidia, so while not technically a tech company, they are.

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f1sh-- t1_ixgu2gx wrote

Replying to PoopingIsAWorkout4Me (#627,603)

IMO that is their greatest trick male people trade it like a tech stock. It it’s all bollocks the primary interface is physical and hardware based. None of their services are virtual. Is Ford a tech stock, they use tech. You could argue that the software is tech but it’s like a small percent of the company. Majority is manufacturing.

1

ThibiiX t1_ixhbo41 wrote

Replying to j_ona (#628,174)

Dunno if you say this implying that they are not so big or if it's because you really don't know

Fortnite : 400 Millions registered account, 80+ active every month

League of Legends : 180 millions accounts, peak at 32 Millions active daily

Rocket League has 80M average monthly players for more than 2 years now

PUBG Mobile often peaks at 30+ Million player daily

Clash of Clan (mobile game) has maintained its monthly playerbase between 75 and 150 Million players for like 4 years now

Clash Royale (mobile game) has 16M monthly players

The last Dark Souls game (Elden Ring) sold almost 20 Million copies, Dark Souls 3 sold 10 millions,...

​

All these games are huge

3

PoopingIsAWorkout4Me t1_ixhgqrd wrote

Replying to Deja-Vuz (#628,350)

No, I’m afraid you don’t get it. Little companies, if they are successful, grow into big companies, by default, and they HAVE to eat their competition. Sorry you don’t like capitalism. Try making it work for you instead of crying about it.

1