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The Decline in Valuation of Major Tech Companies
This chapter discusses the significant changes in the tech industry throughout the year, particularly focusing on the decline in valuation of seven major tech companies. It highlights various factors that contributed to these changes, such as the war in Ukraine, the decline in cryptocurrencies, and the implosion of FTX. The conversation also touches on the recent decline in the NASDAQ, with leading stocks like Apple, Amazon, and Microsoft experiencing significant losses. The hosts speculate on whether there will be a shift back to growth stocks in 2023, considering the performance of certain stocks and the overall market trends.