They will weigh abit on the ma

2023-02-04

They will weigh abit on the market but they will stay resilient and not really drag down the market because all of them are essential monoply in their own domains.

Apple: really don't need to say too much. Many people are so deep into the system, iphone for life and mac systems for the creative side.

Amazon: they have spent decades to built a reputation, the only trustable and quick delivery shopping platform. The other local platforms do offer better prices but the experience leaves much too be desired. There is also amazon Web services which have a big piece of the pie in the market.

Alphabet: No need to say more. Whoever with access to the internet doesn't use their services daily? Its amazing how the authorities do not control their dominance.

Microsoft: Is AI chatgpt going to be next thing that revolutionise the job market? Their dominance will probably last 1 more generation

Big Tech Missed: Will they drag down the market?

Apple, Amazon and Alphabet stocks fall after mixed holiday quarter results. Apple reported a rare revenue decline for the quarter and a steeper drop than analysts had expected. Google posted a steep decline in profits as its ad sales machine came under pressure. Amazon forecast slower-than-expected sales growth for the current quarter. [TOPIC] What's your view on big tech's misses? Will tech giants' less-than-expected earnings drag down the market?

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

ReneS
2023-02-04
ReneS
👍👍👍👍👍👍👍👍
VincentMakkh
2023-02-04
VincentMakkh
👍👍👍
Tj23
2023-02-04
Tj23
Ok
MultiBaggers
2023-02-04
MultiBaggers
👍
dino87
2023-02-04
dino87
ok
YMCheah
2023-02-04
YMCheah
ok

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