Amazon.com (AMZN) and Tesla (TSLA) followed, falling 49.6% and 65.0% in 2022, respectively (the latter even fell right out of the top 10!) For this edition of Bull vs. Bear, Karrie Gordon and Elle Caruso debated the case for and against increasing allocation to mega caps as the potential for recession looms large. Just the hint of rate hikes easing alongside falling inflation so far this year has led to a strong rebound in technology mega caps, in particular, YTD: Meta soared 77.37%, Apple is up 27.25%, and Microsoft is up 17.33% as of Monday, April 24.