Big Tech Shows Its Good to Be Big, as Growth Slowdown Leads to Stock Gains While Smaller Rivals Find Only Pain

MarketWatch2022-08-01

Amazon, Apple, Facebook, Google and Microsoft collectively saw profits fall 24% as sales growth slowed to less than 7% in the second quarter, but only Facebook faced punishment on Wall Street while ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Maxsoh49
    2022-08-01
    Maxsoh49
    Well, hopes for big giant tech recovery before X'mas this year. 
  • SK19
    2022-08-01
    SK19
    🍎 💪💪💪
  • Remotecam
    2022-08-01
    Remotecam
    From Tesla, Netflix, Meta to Coinbase - 30,000 lost their jobs and growing. At big techs like Apple, Google, etc it is less grim, but there's less recruitment and vacant spots are left empty.  Recession or not, the pain & struggle is real. Stay cautious.
  • YueShan
    2022-08-01
    YueShan
    Will be better ⭐⭐⭐
  • Andrewinho
    2022-08-01
    Andrewinho
    🚀🚀🚀
  • Vicholes
    2022-08-01
    Vicholes
    [Happy] 
Leave a comment
6