l******a 发帖数: 1099 | 1 https://ca.finance.yahoo.com/news/silicon-valley-toast-according-analyst-
142150471.html
The Silicon Valley growth story may soon be coming to an abrupt end.
According to Global Equities Research analyst Trip Chowdhry, the recent
economic slump in San Jose and Oakland is a sign that the Silicon Valley
bubble is bursting.
What's Going On In Silicon?
The Bay Area lost 4,400 jobs in February and has now lost 8,600 jobs so far
in 2017. Chowdhry blames the Silicon Valley “junk IPO parade,” a list of
companies he believes have no viable long-term business prospects.
“[The] startup bubble continues to burst — zero durability, zero
technology,” Chowdhry said. “It is all about one investor finding the next
fool, and sadly they have exhausted all the fools.”
He believes the 8,600 jobs lost in the first two months of the year is just
the tip of the iceberg. Chowdhry said trends such as the app economy, social
media, mobility and hybrid cloud will not work for investors in 2017. In
addition, he says Apple Inc. (NASDAQ: AAPL) stock is “toast."
Back in February, Chowdhry wrote that the tech industry is getting primed
for a “significant reset,” one that could mean major pain for investors.
A List Of 'Junk' Names
Chowdhry highlighted the following companies as “junk” stocks that will be
exposed in coming years:
Apptio Inc (NASDAQ: APTI).
Fitbit Inc (NYSE: FIT).
GoPro Inc (NASDAQ: GPRO).
Groupon Inc (NASDAQ: GRPN).
Mulesoft Inc (NYSE: MULE).
Nutanix Inc (NASDAQ: NTNX).
Pure Storage Inc (NYSE: PSTG).
Snap Inc (NYSE: SNAP).
Twilio Inc (NYSE: TWLO).
Chowdhry added potential future IPOs Cloudera, Pinterest, Uber and Lyft to
the “junk” list as well.
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Is Silicon Valley The New Frontier In Journalism? | v******8 发帖数: 615 | | n****0 发帖数: 284 | 3 well the author could well be THE fool.
far
【在 l******a 的大作中提到】 : https://ca.finance.yahoo.com/news/silicon-valley-toast-according-analyst- : 142150471.html : The Silicon Valley growth story may soon be coming to an abrupt end. : According to Global Equities Research analyst Trip Chowdhry, the recent : economic slump in San Jose and Oakland is a sign that the Silicon Valley : bubble is bursting. : What's Going On In Silicon? : The Bay Area lost 4,400 jobs in February and has now lost 8,600 jobs so far : in 2017. Chowdhry blames the Silicon Valley “junk IPO parade,” a list of : companies he believes have no viable long-term business prospects.
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