These Are Some Interesting Numbers

Welcome to the Big Leagues

The new kids on the block: Facebook (-3.30%), Apple (-3.88%), Alphabet (-3.40%) and Amazon (-3.16%) have been carrying the Nasdaq and S&P on their backs all year.
That is until a Goldman Sachs report, released Friday, compared them to the Fab Five of tech: Cisco (-0.76%), Oracle (-0.86%), Intel (-2.11%), Lucent and… Microsoft, and quickly erased $95 billion of their $600 billion run.
The report takeaways:

• The “new kids” have better cash flows and are financially stable.
• But, they made up 40% of S&P 500’s gain at only 13% of the index.
• A valuation that feels oddly similar to where the “Fab Five” stood before the tech crash of 2000 . . . . .

Investors had heard enough. Commence the sell-off.

(BroBible.com)