CNBC·2026-02-19 11:17分组1 - The current market sentiment is causing widespread selling of technology shares due to uncertainty about their valuations and future earnings potential [1][2] - Danaher’s acquisition of Masimo is viewed negatively due to Masimo's litigation history with Apple and its high valuation at nearly 25 times next year's earnings [1] - Workday's valuation at 15 times next year's earnings raises concerns about whether earnings estimates are overly optimistic, especially with leadership changes [1] 分组2 - Micron is seen as a more attractive investment at approximately 10.5 times next year's earnings, benefiting from high demand for its proprietary high-bandwidth memory chips [1] - Capital One faces challenges in maintaining a higher valuation due to potential regulatory changes affecting credit card interest rates and execution risks from its acquisition of Brex [1] - Goldman Sachs has improved its earnings stability under CEO David Solomon, leading to a higher P/E ratio compared to JPMorgan Chase [1] 分组3 - CrowdStrike's stock remains under pressure despite positive news about its Falcon Platform being available on the Microsoft Marketplace, with a high valuation of 85 times current earnings [1][2] - Palo Alto Networks is experiencing valuation challenges, with its stock dropping significantly despite its strong cybersecurity offerings, now trading at 39 times earnings estimates [1][2] - Alphabet is considered undervalued at 26 times forward earnings, given its diverse and valuable assets, while Meta is seen as cheap at 21 times earnings but is primarily valued for its advertising business [2] 分组4 - Microsoft is trading at 22 times earnings, which is considered a fair valuation, but concerns remain about its recent product performance and the potential for future growth [2] - Amazon's stock is under scrutiny due to its significant capital expenditure plans and recent earnings misses, leading to a market cap loss of over $450 billion [2] - ServiceNow's stock is defended by management despite falling prices, with a P/E ratio of 25 reflecting skepticism about its growth potential in the face of AI competition [2][3] 分组5 - Salesforce's stock is underperforming the S&P 500, trading at 14 times forward earnings, raising concerns about its growth prospects amid competition from AI-driven CRM solutions [3] - The market sentiment suggests that Salesforce's non-Agentforce business may slow down, impacting its valuation despite the potential of its Agentforce platform [3]