r/stocks • u/Chrissylumpy21 • 2d ago
Crystal Ball Post Is Black Monday Incoming?
So much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.
I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?
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u/[deleted] 2d ago
Honestly, I wouldn't mind a social media company based in the EU where there's actually some semblance of regulation that keeps all the ridiculous misinformation controlled.