Scott Galloway
๐ค SpeakerAppearances Over Time
Podcast Appearances
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We're back with Profiteer Markets.
While all of the chaos with the war has been unfolding, it's been hard to focus on anything else.
And the headlines are sometimes changing by the hour, but one trend has been consistent through this whole year so far, tech stocks are getting hit hard.
Microsoft has fallen more than 20% year to date.
Oracle is off over 26%.
Salesforce is down more than 30%.
As a whole, the IGV, which is the software,
index is down more than 22% this year.
Josh, this is really interesting for a lot of reasons.
Mag7 has lost nearly $2 trillion, or actually, sorry, more than $2 trillion in market cap year to date.