Goldman sachs unprofitable tech index

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After posting huge gains in the 12 months following the March pandemic panic, investors appear to be rapidly souring on unprofitable technology stocks. There are a few explanations for what might be going on here. Perhaps investors think the economy is finally turning a corner, reducing the need to pay over the odds for fast-growing companies. Or perhaps retail investors are simply tiring of the stress of owning volatile stocks and — as with crypto — fleeing the market in search of more reliable returns. All the daily investing news and insights you need in one subscription.

Goldman sachs unprofitable tech index

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After a series of days in utter and complete COVID-positive isolation, yesterday was my re-introduction into the modern world. I put on a nice shirt and slipped on a pair of loafers and grabbed my car keys. Let me tell you: Nothing greets you in that moment quite like a flat tire. After muttering a series of obscenities that were, regrettably, overheard by my neighbor, I pivoted: I could still attend my meeting, after all—on my bike. Perhaps others can relate to this, but when you never go into an office, and when you have gone long stretches of time without looking another human being in the real, not virtual face, you do whatever is necessary to show up in the flesh when possible—even if you arrive slightly disheveled, a little sweaty, and with your hair shoved up into a helmet. And, for some venture-backed companies, they probably should have gotten profitable right along there with me.

Goldman sachs unprofitable tech index

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