We have a tendency to scream crisis while stock prices and market caps rapidly rise. Every little downturn is evidence for the cry, but that doesn't change the trend. They keep saying that the share holders are the real customers and they seem to be doing perfectly fine regardless of if it's a hiring spree or firing. Regardless of if it's even a global pandemic.

There's 4 companies worth more than $3T, one more than $4T. 11 are worth more than $1T. It's only been 7 years since we broke that $1T barrier. Most of the growth has happened recently too. Even Apple has had bigger swings since the pandemic.

Idk, I don't think these companies are in trouble anywhere near what they claim. More concerning is this rapid growth in value without corresponding game changing products. Sure, we got AI but it hasn't changed the game like the iPhone did. I'd give up AI a lot sooner than I'd give up my smartphone, even if all it did was make calls, play music, and have a web browser. A pocket computer is very handy