Tech Stocks Tank, Final Countdown to Midterm Elections

Impact · against what's priced in

The market decline in tech stocks provides no new catalyst for GOOGL, as the current price already assumes significant macro uncertainty and rejects growth premiums.

GOOGL−0.05

Already priced in

The price assumes

Higher discount rates and macro uncertainty

The headline regarding tech stocks tanking ahead of elections aligns with the macro uncertainty and valuation pressures the market has already baked into the current price.

What GOOGL's price assumes · Sep 2

• GOOGL▲71%
• midterm elections
• tech stocks
• us politics

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