Quite the sell off for most big tech this year. What are people's thoughts on it? Does the increase in interest rates really lead to that much of a drop in profitability or growth going forward? I find it a little puzzling that an increase in 50 basis points (0.5%) can cause a 10-15% drop in earnings potential. I only own Amazon @ $3185 purchased a few months ago, but I'm thinking of jumping back in to a few names including Apple (I imagine this year won't be any major launches but next year should be interesting), Shopify and Nvidia. Any thoughts one way or another?
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