Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close

MarketWatch2021-07-30

Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap. If ...

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huatahhhhhhh
·2021-07-30
Like
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1
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bernardtayet
·2021-07-30
Tech companies form 25 pc of S & P. Ride the waves
Reply
2
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W00dy
·2021-07-30
Like pls, thank you
Reply
1
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nivlac
·2021-07-30
Pls like
Reply
1
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Sohws
·2021-07-30
Like pls thank you :)
Reply
6
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- nivlac:
  done
  2021-07-30
  Reply
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- Bibop:
  Like Back pls
  2021-07-30
  Reply
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Kel9670ong
·2021-07-30
Another 2quarter to go
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1
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Solewalker
·2021-07-30
Rip earnings
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4
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TLC88
·2021-07-30
???
Reply
5
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1000010101O
·2021-07-30
Like
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2
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Vincewjs
·2021-07-30
Think long term for all these stocks, time is on our side
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- fionat:
  The potential for tech is limited only by our own imagination
  2021-07-30
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c0bra36
·2021-07-30
Thought Amazon down 8+% present a buy in dip opportunity for short term investment. AWS still growing string in term of profit margins ?✌️
Reply
7
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HBONG
·2021-07-30
please like, thanks
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- Rocketboi:
  done
  2021-07-30
  Reply
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- 1000010101O:
  like
  2021-07-30
  Reply
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- Baby Step 4:
  Ok
  2021-07-30
  Reply
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perfy
·2021-07-30
Way to go. Like pls
Reply
3
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Jasminephyo
·2021-07-30
Hi
Reply
3
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nctony
·2021-07-30
Not to worry big Tech been hit by any Government,that the time and ways for them to improve.[得意]
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4
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Nibatry
·2021-07-30
Wow ???
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- Nibatry:
  Great ?
  2021-07-30
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HandsomeLee
·2021-07-30
Wish I have the money to buy a few big tech.
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3
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K20
·2021-07-30
Awesomeness
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2
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Stanpai
·2021-07-30
Like
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4
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CWL711
·2021-07-30
Like please thanks
Reply
8
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- Stanpai:
  kay
  2021-07-30
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PINS","symbol_name":"Pinterest, Inc.","start_time":0,"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","article_id":"1136493836","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","pubTimestamp":1627611923,"columns":[],"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PINS":"Pinterest, Inc.","MSFT":"微软","GOOG":"谷歌","AAPL":"苹果",".SPX":"S&P 500 Index","AMZN":"亚马逊"},"translate_title":"观点：大科技正走向迄今为止最大的一年，而且还不是很接近","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":0.9,"AAPL":0.9,"AMZN":0.9,"FB":0.9,"GOOG":0.9,"MSFT":0.9,"PINS":0.9},"content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":806108989,"gmtCreate":1627637634641,"gmtModify":1703493838266,"author":{"id":"4087772775256770","authorId":"4087772775256770","name":"huatahhhhhhh","avatar":"https://static.tigerbbs.com/1a39a116a0230d4a89496e6b90219bae","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"4087772775256770","authorIdStr":"4087772775256770"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806108989","repostId":1136493836,"repostType":2,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806311585,"gmtCreate":1627632235047,"gmtModify":1703493737464,"author":{"id":"3583377018896117","authorId":"3583377018896117","name":"bernardtayet","avatar":"https://static.tigerbbs.com/43e8c1fc37a4bff2a94af98953cff267","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3583377018896117","authorIdStr":"3583377018896117"},"htmlText":"Tech companies form 25 pc of S &amp; P. Ride the waves&nbsp;","listText":"Tech companies form 25 pc of S &amp; P. Ride the waves&nbsp;","text":"Tech companies form 25 pc of S & P. Ride the waves","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806311585","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806398413,"gmtCreate":1627630576832,"gmtModify":1703493710135,"author":{"id":"4089162592476240","authorId":"4089162592476240","name":"W00dy","avatar":"https://static.itradeup.com/news/df8231d59d89ca8b2731ac18704461b6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4089162592476240","authorIdStr":"4089162592476240"},"htmlText":"Like pls, thank you","listText":"Like pls, thank you","text":"Like pls, thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806398413","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806974068,"gmtCreate":1627629316554,"gmtModify":1703493684689,"author":{"id":"3576410555567456","authorId":"3576410555567456","name":"nivlac","avatar":"https://static.tigerbbs.com/20f49098bcdb5db4fdcfb746b729245d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576410555567456","authorIdStr":"3576410555567456"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806974068","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806981139,"gmtCreate":1627624645421,"gmtModify":1703493604104,"author":{"id":"3566383987360583","authorId":"3566383987360583","name":"Sohws","avatar":"https://static.tigerbbs.com/820619ac430f3da1496aa96b932f4372","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3566383987360583","authorIdStr":"3566383987360583"},"htmlText":"Like pls thank you :)","listText":"Like pls thank you :)","text":"Like pls thank you :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/806981139","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5377474,"gmtCreate":1627629337569,"gmtModify":1663231710227,"authorId":3576410555567456,"author":{"id":3576410555567456,"idStr":"3576410555567456","authorId":3576410555567456,"name":"nivlac","avatar":"https://static.tigerbbs.com/20f49098bcdb5db4fdcfb746b729245d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806981139,"type":1,"supId":5377186,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5377186,"gmtCreate":1627627168903,"gmtModify":1663231709045,"authorId":3574823733614024,"author":{"id":3574823733614024,"idStr":"3574823733614024","authorId":3574823733614024,"name":"Bibop","avatar":"https://static.tigerbbs.com/5c9cf1e4cff885e3bf9913697004534b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806981139,"type":1,"supId":0,"prevId":0,"content":"Like Back pls","text":"Like Back pls","html":"Like Back pls"}],"langContent":"EN"},{"id":806919232,"gmtCreate":1627623731626,"gmtModify":1703493586660,"author":{"id":"3578468158955348","authorId":"3578468158955348","name":"Kel9670ong","avatar":"https://static.tigerbbs.com/bd86c42e207fbd94e7f8877a29457d71","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578468158955348","authorIdStr":"3578468158955348"},"htmlText":"Another 2quarter to go","listText":"Another 2quarter to go","text":"Another 2quarter to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806919232","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806932443,"gmtCreate":1627623260282,"gmtModify":1703493579318,"author":{"id":"3573651326517472","authorId":"3573651326517472","name":"Solewalker","avatar":"https://static.tigerbbs.com/af829c0d59da17532214d90b8051f4ff","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573651326517472","authorIdStr":"3573651326517472"},"htmlText":"Rip earnings","listText":"Rip earnings","text":"Rip earnings","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806932443","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806938707,"gmtCreate":1627623095809,"gmtModify":1703493577006,"author":{"id":"3579644221346646","authorId":"3579644221346646","name":"TLC88","avatar":"https://static.tigerbbs.com/70e92e6f93d89c4be15661304799bff0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579644221346646","authorIdStr":"3579644221346646"},"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806938707","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806994504,"gmtCreate":1627622432208,"gmtModify":1703493568566,"author":{"id":"3581326346667529","authorId":"3581326346667529","name":"1000010101O","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581326346667529","authorIdStr":"3581326346667529"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806994504","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806996908,"gmtCreate":1627622221304,"gmtModify":1703493563417,"author":{"id":"3580530961144265","authorId":"3580530961144265","name":"Vincewjs","avatar":"https://static.tigerbbs.com/b82f615cebf44420a077b013694f231d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580530961144265","authorIdStr":"3580530961144265"},"htmlText":"Think long term for all these stocks, time is on our side","listText":"Think long term for all these stocks, time is on our side","text":"Think long term for all these stocks, time is on our side","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806996908","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5377639,"gmtCreate":1627631113957,"gmtModify":1663231710637,"authorId":3568271286196651,"author":{"id":3568271286196651,"idStr":"3568271286196651","authorId":3568271286196651,"name":"fionat","avatar":"https://static.tigerbbs.com/690b4ea91c83e331febd6098848bb10b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806996908,"type":1,"supId":0,"prevId":0,"content":"The potential for tech is limited only by our own imagination","text":"The potential for tech is limited only by our own imagination","html":"The potential for tech is limited only by our own imagination"}],"langContent":"EN"},{"id":806909473,"gmtCreate":1627621174492,"gmtModify":1703493545721,"author":{"id":"3569141107336011","authorId":"3569141107336011","name":"c0bra36","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3569141107336011","authorIdStr":"3569141107336011"},"htmlText":"Thought Amazon down 8+% present a buy in dip opportunity for short term investment. AWS still growing string in term of profit margins ?✌️","listText":"Thought Amazon down 8+% present a buy in dip opportunity for short term investment. AWS still growing string in term of profit margins ?✌️","text":"Thought Amazon down 8+% present a buy in dip opportunity for short term investment. AWS still growing string in term of profit margins ?✌️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806909473","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806076048,"gmtCreate":1627620793084,"gmtModify":1703493535185,"author":{"id":"3582855207960072","authorId":"3582855207960072","name":"HBONG","avatar":"https://static.tigerbbs.com/a0b6ef216c7f159c6548906cb1930a1c","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3582855207960072","authorIdStr":"3582855207960072"},"htmlText":"please like, thanks","listText":"please like, thanks","text":"please like, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/806076048","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5376662,"gmtCreate":1627622283303,"gmtModify":1663231706356,"authorId":3573098273986897,"author":{"id":3573098273986897,"idStr":"3573098273986897","authorId":3573098273986897,"name":"Rocketboi","avatar":"https://static.tigerbbs.com/7cb61d284ae516537c4f6c79079d9ea3","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806076048,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5376684,"gmtCreate":1627622426748,"gmtModify":1663231705238,"authorId":3581326346667529,"author":{"id":3581326346667529,"idStr":"3581326346667529","authorId":3581326346667529,"name":"1000010101O","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806076048,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"},{"id":5376566,"gmtCreate":1627621397661,"gmtModify":1663231704531,"authorId":3585617155516823,"author":{"id":3585617155516823,"idStr":"3585617155516823","authorId":3585617155516823,"name":"Baby Step 4","avatar":"https://static.tigerbbs.com/8ee1c9c06b2929c88e9f5bb3a24cf2d2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806076048,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "}],"langContent":"EN"},{"id":806071278,"gmtCreate":1627620682194,"gmtModify":1703493533367,"author":{"id":"3568066676888446","authorId":"3568066676888446","name":"perfy","avatar":"https://static.tigerbbs.com/8edb3bb2f215648d104b44aeba812ab7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3568066676888446","authorIdStr":"3568066676888446"},"htmlText":"Way to go. Like pls","listText":"Way to go. Like pls","text":"Way to go. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806071278","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806070382,"gmtCreate":1627620403746,"gmtModify":1703493528394,"author":{"id":"3585306064379170","authorId":"3585306064379170","name":"Jasminephyo","avatar":"https://static.tigerbbs.com/81aad6a5797d9f136f0438609cb372a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585306064379170","authorIdStr":"3585306064379170"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806070382","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806044483,"gmtCreate":1627620351642,"gmtModify":1703493526741,"author":{"id":"3557024931927052","authorId":"3557024931927052","name":"nctony","avatar":"https://static.tigerbbs.com/1449dfc5089ded0e8efe303fd4dd43b1","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3557024931927052","authorIdStr":"3557024931927052"},"htmlText":"Not to worry big Tech been hit by any Government,that the time and ways for them to improve.[得意]&nbsp;","listText":"Not to worry big Tech been hit by any Government,that the time and ways for them to improve.[得意]&nbsp;","text":"Not to worry big Tech been hit by any Government,that the time and ways for them to improve.[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806044483","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":806042868,"gmtCreate":1627620187454,"gmtModify":1703493522409,"author":{"id":"3571957575491723","authorId":"3571957575491723","name":"Nibatry","avatar":"https://static.tigerbbs.com/e5d7ae5d90c54730a52a5f03263a015c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571957575491723","authorIdStr":"3571957575491723"},"htmlText":"Wow ???","listText":"Wow ???","text":"Wow ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806042868","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5376427,"gmtCreate":1627620245686,"gmtModify":1663231705029,"authorId":3571957575491723,"author":{"id":3571957575491723,"idStr":"3571957575491723","authorId":3571957575491723,"name":"Nibatry","avatar":"https://static.tigerbbs.com/e5d7ae5d90c54730a52a5f03263a015c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806042868,"type":1,"supId":0,"prevId":0,"content":"Great ?","text":"Great ?","html":"Great ?"}],"langContent":"EN"},{"id":806046678,"gmtCreate":1627620101495,"gmtModify":1703493521080,"author":{"id":"3555582753204069","authorId":"3555582753204069","name":"HandsomeLee","avatar":"https://static.tigerbbs.com/b3b95e103d2bfb2320b61f131b0868df","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3555582753204069","authorIdStr":"3555582753204069"},"htmlText":"Wish I have the money to buy a few big tech.&nbsp;","listText":"Wish I have the money to buy a few big tech.&nbsp;","text":"Wish I have the money to buy a few big tech.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806046678","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806048256,"gmtCreate":1627620044975,"gmtModify":1703493519917,"author":{"id":"3583284147557843","authorId":"3583284147557843","name":"K20","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3583284147557843","authorIdStr":"3583284147557843"},"htmlText":"Awesomeness","listText":"Awesomeness","text":"Awesomeness","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806048256","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806043514,"gmtCreate":1627619889939,"gmtModify":1703493517615,"author":{"id":"3579339960508739","authorId":"3579339960508739","name":"Stanpai","avatar":"https://static.tigerbbs.com/9d7937f5358a694015eb202f6a8282a3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579339960508739","authorIdStr":"3579339960508739"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806043514","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806052893,"gmtCreate":1627619222412,"gmtModify":1703493508903,"author":{"id":"3579262958727025","authorId":"3579262958727025","name":"CWL711","avatar":"https://static.tigerbbs.com/982058e5cb33e9069dbb2ca28d3fc46e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579262958727025","authorIdStr":"3579262958727025"},"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806052893","repostId":1136493836,"repostType":4,"repost":{"id":"1136493836","kind":"news","pubTimestamp":1627611923,"share":"https://ttm.financial/m/news/1136493836?lang=&edition=fundamental","pubTime":"2021-07-30 10:25","market":"us","language":"en","title":"Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close","url":"https://stock-news.laohu8.com/highlight/detail?id=1136493836","media":"MarketWatch","summary":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, whi","content":"<p><i><b>Alphabet, Amazon, Apple, Microsoft and <a href=\"https://laohu8.com/S/FB\">Facebook</a> are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&amp;P 500’s market cap.</b></i></p>\n<p>If government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.</p>\n<p><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>,&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a>,&nbsp;<a href=\"https://laohu8.com/S/FB\">Facebook</a> and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.</p>\n<p>All five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.</p>\n<p><img src=\"https://static.tigerbbs.com/2c696a56355e7161319cd8da2d1c4e75\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Growth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.</p>\n<p>“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”</p>\n<p>If those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/56a33fbc7e8a7e1ab40b6d63a0b5a3ae\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p>\n<p>Continued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a>’s&nbsp;market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.</p>\n<p><img src=\"https://static.tigerbbs.com/46b008aa80b2b74a3dad2d97f03aeb90\" tg-width=\"700\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p>\n<p>Big Tech is getting dangerously close to a mark that one investment advisor said to look out for.</p>\n<p>“Any time a sector gets to around 30% [of the S&amp;P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.</p>\n<p>“Tech was over 30% of the S&amp;P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”</p>\n<p>There are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.</p>\n<p>“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”</p>\n<p>We could see similar effects across the other companies, though&nbsp;<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a>’s&nbsp;results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.</p>\n<p>Even without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.</p>\n<p>“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”</p>\n<p>Big Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.</p>\n<p>With $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>, and the rest of Big Tech.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Big Tech is headed for its biggest year yet, and it isn’t even close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Big Tech is headed for its biggest year yet, and it isn’t even close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".SPX":"S&P 500 Index","PINS":"Pinterest, Inc.","MSFT":"微软","AMZN":"亚马逊","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/big-tech-is-headed-for-its-biggest-year-yet-and-it-isnt-even-close-11627609688","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136493836","content_text":"Alphabet, Amazon, Apple, Microsoft and Facebook are headed toward annual sales of $1.4 trillion, which would exceed the GDP of Australia, while nearing a quarter of the S&P 500’s market cap.\nIf government regulators around the world thought Big Tech was too big last year, 2021 has not changed their mind.\nAlphabet, Amazon.com, Apple, Facebook and Microsoft experienced an unprecedented first half of the year financially, with $650 billion in sales. If the second half plays out as analysts currently expect, those five companies would collectively top $1.4 trillion in revenue this year, adding toa pile of profit during the pandemicthat could hit $500 billion.\nAll five companies revealed second-quarter financial results in the past three days, reporting a combined grand total — with the emphasis on “grand” — of $75.8 billion in profit and $331.6 billion in revenue. Big Tech blew away expectations and previous performance for the first half, continuing to find phenomenal success amid a global pandemic that has driven more commerce and consumption online.\n\nGrowth for the second half of the year is currently expected to decelerate overall, but the companies’ revenue is still expected to beat both the first half’s total and last year’s second half by more than $100 billion. Estimates will change as analysts update their models, but Wall Street was looking for revenue of about $760.5 billion in the second half, based on FactSet estimates, a jump of about 21% from the year before, after 38% growth in the first half.\n“There will be some moderation [in the second half], but it’s not like growth is falling off the staircase,” Wedbush Securities analyst Dan Ives told MarketWatch, adding that “digital transformation for the consumer and the enterprise is accelerating rather than moderating.”\nIf those projections come true, or anywhere close, the numbers would truly be staggering. The projected $1.41 trillion in revenue this year would be greater than the 2020 gross domestic product of Australia, the world’s 12th-largest economy according to World Bank figures, while profit would top $300 billion for the year and $500 billion for the two pandemic-affected calendar years of 2020 and 2021.\n\nContinued gains from Big Tech are essential to the market at this point. The five Big Tech companies comprised 24.9% of the entire S&P 500’s market capitalization as of the end of Tuesday’s session, according to Dow Jones Market Data, after growing as a percentage of that index for years.\n\nBig Tech is getting dangerously close to a mark that one investment advisor said to look out for.\n“Any time a sector gets to around 30% [of the S&P], something bad happens and it will go back down,” said Brendan Connaughton, founder and managing partner of Catalyst Private Wealth. His examples: the 1930s industrial sector, oil and energy companies in the the 1970s, and when dot-com bubble burst more than 20 years ago.\n“Tech was over 30% of the S&P [in the early 2000s] and we saw it blow up,” he said. “At some point, things get too weighted and they unwind themselves.”\nThere are reasons to think that the current tech boom may have peakedwith this quarter’s results, andApple didn’t help with its expectations.Amazon’s sales growth seemed to stall in Thursday’s report, with Chief Financial Officer Brian Olsavsky divulging “some noticeable intra-quarter changes in our revenue run rate.” While Amazon’s AWS cloud business is still going strong, Olsavsky mentioned the impact of a gradual reopening from the pandemic on the company’s overall growth rate.\n“I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out. It takes away from shopping time,” he said. “It’s a good phenomenon, and it’s great and we just have to appropriately gauge our run rate going forward.”\nWe could see similar effects across the other companies, though Microsoft appears to have few weaknesseswhilelargely escaping any regulatory scrutiny so far. Google and Facebook are benefiting from an explosion in online-ad prices, which also helped Amazon’s burgeoning ad business, but Pinterest, Inc.’s results on Thursday suggested that users may actually be turning off their social-media apps to return to the real world. Facebook Chief Financial Officer David Wehnerwarned about decelerating revenue growth in the third and fourth quarter, “as we lap periods of increasingly strong growth,” thoughthat may just be his thing.\nEven without the same rapid growth rates, though, these companies have established themselves as powerhouses in important market sectors. They will continue to make astounding amounts of money from cloud computing, selling gadgets and services, and putting advertising wherever they can.\n“Amazon will show some moderation, as we are coming back to restaurants and malls and shops etc., but I think the Street has underestimated the digital transformation,” bullish analyst Ives said. “We think it is $2 trillion in spending over the next decade.”\nBig Tech stands to rake that cash in, but there will be a cost from regulators’ attention. Google, whichhas been hit with the most U.S. antitrust lawsuits,disclosed nearly $800 million in legal fees in the quarter.\nWith $18.5 billion in quarterly profit, though, that just seems like a reasonable cost of doing big business for Alphabet, and the rest of Big Tech.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5376390,"gmtCreate":1627619877800,"gmtModify":1663231702848,"authorId":3579339960508739,"author":{"id":3579339960508739,"idStr":"3579339960508739","authorId":3579339960508739,"name":"Stanpai","avatar":"https://static.tigerbbs.com/9d7937f5358a694015eb202f6a8282a3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806052893,"type":1,"supId":0,"prevId":0,"content":"<u>kay</u>","text":"<u>kay</u>","html":"<u>kay</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":220,"commentSize":39,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}