Entrepreneur Mark Cuban told host Steven Bartlett on The Diary Of A CEO podcast that technology companies such as Apple and Google parent Alphabet are trading as “meme stocks,” driven by perceived value rather than fundamentals. He said he thinks the market is in a bubble, but not the same as the 2001 internet bubble, and listed Bitcoin and Micron Technology among the meme stocks. Cuban argued that a company can see its stock fall 18% after earnings that miss or beat by a penny, because traders react to anticipated information rather than the net present value of future cash flows; he said, “We’re trading them like baseball cards.” He added that some companies will survive, citing Dell Technologies and Amazon, whose stocks were crushed when the internet bubble burst, and noting that Amazon, though losing money at the time, is now worth trillions of dollars.
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Related tickers and likely impact
AAPL
▼ Likely negativeApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/27/2026 | 347.08 |
| Change that session | +0.92% |
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/27/2026 | 320.57 |
| Change that session | +1.19% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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