The streaming and social media sectors are really getting hammered today, completely decimated: Netflix, iQiyi, and Tencent Music all fell this much, and Reddit is even crazier, directly down over -8%. Last year's AI wave lifted them up, but now everyone is returning to reality. Even Zoom managed a slight gain against the trend, making it stand out among these stocks. Not sure if they can stop the bleeding next week, for now, we can only lie flat and wait to break even 😥
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