But without knowing which stocks dropped, how can we make that link?

In another submission, Amazon, Oracle, Nvidia, Microsoft, Meta, and Alphabet are all dropping. Are we supposed to think of them as SAAS companies now?

https://www.cnbc.com/2026/02/06/ai-sell-off-stocks-amazon-or...

1. Yes we treat them as Enterprise SaaS and have done so since the late 2000s.

2. The selloff was largely due to Amazon's massive capex commitment for GPU compute buildout, as Amazon (and a couple other BigTechs) are used as market benchmarks and because a large portion of us have been holding since 2021-22 or even earlier so we have reached a point where we have hit returns that we were advised to hit in our portfolios. HNWIs with advisors and Institutional Investors (who advisors use) aren't daytrading.

all of them have significant SaaS offering.

But the claim that's related to anthropic posting some markdown files is idiotic at best, malicious at worst