The Kobeissi Letter
The Kobeissi Letter|Jun 26, 2026 13:13
Most people do not realize how many tech giants are already deep bear market territory. Tech Stocks From Record Highs: 1. Coinbase, COIN: -69% 2. Oracle, ORCL: -57% 3. Salesforce, CRM: -57% 4. ServiceNow, NOW: -56% 5. Netflix, NFLX: -48% 6. Palantir, PLTR: -48% 7. Microsoft, MSFT: -37% 8. Meta, META: -32% 9. Arm Holdings, ARM: -27% 10. Broadcom, AVGO: -26% 11. Marvell Technology, MRVL: -20% 12. Nvidia, NVDA: -19% 13. Amazon, AMZN: -19% 14. Alphabet, GOOGL: -17% 15. CrowdStrike, CRWD: -15% 16. Apple, AAPL: -14% 17. Taiwan Semiconductor, TSM: -12% The S&P 500 won't tell you this.(The Kobeissi Letter)
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