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A comment on Have the record number of investors in the stock market lost their minds?. Parent comment

Re:Have the record number of investors in the stock market l... by freyr on Saturday May 16, 2020 @02:11PM (#23205774)
It’s surprising to see just how much higher many tech stocks are valued right now than they were six months ago:

    MSFT +21%
    AAPL +15%
    AMZN +37%
    FB   +6%
    NFLX +50%
    UBER +21%
    SQ   +22%
    SNAP +16%
    MTCH +10%
    NVDA +60%
    TSLA +128%
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Re:Have the record number of investors in the stock market l... by nugget on Saturday May 16, 2020 @02:45PM (#23206032)
Of that list, I understand why MSFT, AAPL, AMZN, and NVDA would be up. The rest aren’t so clear to me.

NFLX - streaming is up but consumers exhaust the content library faster and competitors (Disney) will now want to gain market share at any cost

FB, SNAP - exposure to ad dollars (brand, travel, hospitality, entertainment) that won’t be coming back for awhile

UBER - unit economics of food delivery aren’t attractive + hyper competitive market, demand for core rideshare business likely depressed for a long time given it’s dependency on events and business travel

SQ, MTCH - no opinion, neutral sentiment

TSLA - with gas so cheap, electric vehicles are less attractive

I buy the tech multiple expansion thesis but that would apply to every company on this list.

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Re:Have the record number of investors in the stock market l... by dredds on Saturday May 16, 2020 @03:28PM (#23206465)
> TSLA - with gas so cheap, electric vehicles are less attractive

One suggestion was that the big players will postpone electric while their ICEs get a temp boost, thus giving TSLA an even more unassailable lead.

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Re:Have the record number of investors in the stock market l... by folmar on Saturday May 16, 2020 @05:36PM (#23207395)
The EV run is on government incentives worldwide, not cost per mile. Outside US the fuel price is marginally related to raw petroleum, i.e. in Europe dropped some 25% when petroleum went down to basically zero.
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