BIG TECH WEEKLY | Who's Strongest in Q3 Earnings Season?
Big-Tech’s PerformanceThere were no surprises at this week's FOMC meeting and Powell's stance remained largely unchanged. The overall wording was not as tight as before, indicating that the current market interest rates are already having a tightening effect. Therefore, the market is more hopeful that the tightening pace will be relaxed earlier next year. US treasury yields have also started to plunge.As a result, risk sentiment has returned and second-tier growth stocks have rebounded significantly under the leadership of some financial reports. Meta, Tesla, and Google among the big tech companies have also rebounded significantly.As of the close on November 2nd, all major tech companies have risen in the past five trading days.The biggest increase was