Tech Stocks in Bear Territory: SanDisk -66%, Arm -64%, Oracle -56%, Nvidia -25%
teodorio · x · 2026-11-06
Per Kobeissi Letter, a broad swath of tech stocks is in bear market territory: SanDisk -66%, Arm -64%, Coinbase -63%, Nebius -62%, Seagate -60%, Marvell -59%, ServiceNow -57%, Oracle -56%, AppLovin and Circle -54%, SMCI -51%, Micron -48%, Dell and SpaceX -47%, AMD -39%, Alphabet and Tesla -32%, Palantir and TSMC -28%, Meta -26%, Nvidia -25%. The S&P 500 has erased its gains.
Related event: US Tech Stocks Slammed as Magnificent Seven Shed $1.1 Trillion in a Day(5 posts)→
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