• SJ_Zero@lemmy.fbxl.net
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    1 year ago

    The stock is not the company, that’s important to remember. The PE ratios for tech companies are totally out of whack compared to basically any other company.

    Google stock is doing ok in part because they have Bard which means they’re participating in the AI boom. I think that’s going to turn out to be mostly hot air, but in the meantime it’s helping a small number of companies stay afloat