Alphabet is the absolute sovereign of the global mind. It has successfully positioned itself as a permanent high margin software tax on the fabric of human interaction, pulling in a record shattering trailing net income of USD 160.2 billion.
NVIDIA, TSMC, SK Hynix & Samsung are locked in a vicious capital intensive arms race. They worry about design flaws, engineering delays or a flare-up in the Taiwan Strait that could wipe out millions of dollars.
Apple is trapped on a hamster wheel, hoping consumers will upgrade their iPhones every year.
Saudi Aramco operates physical pipeline infrastructure, completely at the mercy of unpredictable macroeconomic energy swings.
Microsoft & Amazon worry about cloud contracts.
Alphabet simply relaxes knowing that it has the world largest search engine, free content cash machine.
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