/biz/ - Business & Finance

>>56493398
>FANG Stocks Of Dot Com Bubble: Today’s investors are very familiar with the FANG stocks, Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL). These four stocks both led the bull market since the 2008 financial crisis and dominate today’s market with their massive market caps.

>The dot-com had its own growth of FANG-esque stocks that dominated the tech sector back in 2000:

>Microsoft Corporation (NASDAQ: MSFT) reached a dot-com bubble peak market cap of $561 billion back in March 2000.
>Cisco Systems, Inc. (NASDAQ: CSCO) reached a peak market cap of $555.4 billion.
>Intel Corporation (NASDAQ: INTC) peaked at a $509 billion market cap in August 2000.
>Oracle Corporation (NYSE: ORCL) had its dot com market cap top out at $245 billion in March 2000.
>Finally, IBM (NYSE: IBM) had a peak dot com-era market cap of $215 billion.

>Altogether, these five tech stocks had a peak combined dot com market cap of more than $2.08 trillion, but that valuation certainly didn’t last for long.

>Dot-Com Bubble Fallout: A year after the Nasdaq peaked in March 2000, the Nasdaq was down 59.3%. All five of these big tech stocks had taken a hit. IBM was the most resilient of the group, declining just 5.4%. Microsoft shares were down 43.8%, Intel shares were down 51%, Oracle shares were down 59.8% and Cisco shares were down 69.7%.

>By March 10, 2010, the Nasdaq was still down 53.2% from its dot-com bubble peak a decade later. IBM was the only stock that had generated decent returns, gaining 19.5% overall during that 10-year stretch. Oracle shares were down 39%, Microsoft shares were down 42.6%, Cisco shares were down 62% and Intel shares were down 64.7% during the first decade following the dot com bubble peak.

inb4 >this time is different