I'm pretty sure the big 6 will

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Merdeka1981
04-23

I'm pretty sure the big 6 will continue to thrive and grow strongly in the next 5-10 years. So let's see how they all fare in their performances.

Profit Momentum of Big Six Tech Companies to "Collapse" Over 2024, UBS Says

April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rati

Profit Momentum of Big Six Tech Companies to "Collapse" Over 2024, UBS Says

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So let's see how they all fare in their performances.</p></body></html>","text":"I'm pretty sure the big 6 will continue to thrive and grow strongly in the next 5-10 years. So let's see how they all fare in their performances.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/298164101566744","repostId":2429234509,"repostType":4,"repost":{"id":"2429234509","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1713800700,"share":"https://www.laohu8.com/m/news/2429234509?lang=&edition=full","pubTime":"2024-04-22 23:45","market":"us","language":"en","title":"Profit Momentum of Big Six Tech Companies to \"Collapse\" Over 2024, UBS Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2429234509","media":"Reuters","summary":"April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could \"collapse\" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rati","content":"<html><head></head><body><p>April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could &#34;collapse&#34; over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.</p><p>Growth in earnings per share (EPS) of the &#34;Big 6 TECH+&#34; stocks - Apple, Amazon.com, Alphabet, Meta, Microsoft, and Nvidia - was projected to decline to 15.5% by the first quarter of 2025, from 42.2% estimated for the same period this year, strategists led by Jonathan Golub said.</p><p>&#34;Our downgrade of the Big Six - from &#39;Overweight&#39; to &#39;Neutral&#39; - is not predicated on extended valuations, or doubts about artificial intelligence. Rather, it is an acknowledgement of the difficult comps and cyclical forces weighing on these stocks,&#34; Golub said.</p><p>In contrast, other tech stocks are set to perform better, UBS said, forecasting EPS gains of nearly 26% by the first quarter of 2025, from 11.1% projected for the same period in 2024. These companies did not participate in the COVID-driven boom to the same extent as the mega-cap stocks.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a0044de1b805f0e4e5eef6e27e6c00b6\" alt=\"Reuters Graphics\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1234\"/><span>Reuters Graphics</span></p><p>The Big Six companies, seen as bellwethers for the tech sector and for the performance of the S&amp;P 500, are set to report quarterly results over the next two weeks.</p><p>Rising bond yields, hotter-than-expected recent U.S. economic data and uncertainty around the Federal Reserve&#39;s interest rate cut outlook have also weighed on these high-valuation stocks.</p><p>The earnings momentum of the Big Six has experienced four distinct cyclical waves, UBS said, starting with the COVID-19 pandemic driving consumer demand for personal computers (PCs), online shopping and social media.</p><p>Once the pandemic subsided and the economy reopened, profits suffered because of waning demand for tech products, driving EPS growth contraction in 2022. The profit upsurge in 2023 was a result of easier comparables and a reduction in expenses for companies.</p><p>&#34;Earnings are projected to quickly renormalize in mega-cap tech, following a sharp decline in profit growth from 4Q23-3Q24,&#34; Golub said.</p><p>The Big Six firms are currently trading in the range of 21.6-39 times their forward 12-month price-to-earnings (PE) ratio, whereas the benchmark S&amp;P 500 index trades about 25 times.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/474cbf5e0f4f3766720ece59e1094f83\" alt=\"Reuters Graphics\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1032\"/><span>Reuters Graphics</span></p></body></html>","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>Profit Momentum of Big Six Tech Companies to \"Collapse\" Over 2024, UBS Says</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\">\nProfit Momentum of Big Six Tech Companies to \"Collapse\" Over 2024, UBS Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-04-22 23:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could &#34;collapse&#34; over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.</p><p>Growth in earnings per share (EPS) of the &#34;Big 6 TECH+&#34; stocks - Apple, Amazon.com, Alphabet, Meta, Microsoft, and Nvidia - was projected to decline to 15.5% by the first quarter of 2025, from 42.2% estimated for the same period this year, strategists led by Jonathan Golub said.</p><p>&#34;Our downgrade of the Big Six - from &#39;Overweight&#39; to &#39;Neutral&#39; - is not predicated on extended valuations, or doubts about artificial intelligence. Rather, it is an acknowledgement of the difficult comps and cyclical forces weighing on these stocks,&#34; Golub said.</p><p>In contrast, other tech stocks are set to perform better, UBS said, forecasting EPS gains of nearly 26% by the first quarter of 2025, from 11.1% projected for the same period in 2024. These companies did not participate in the COVID-driven boom to the same extent as the mega-cap stocks.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a0044de1b805f0e4e5eef6e27e6c00b6\" alt=\"Reuters Graphics\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1234\"/><span>Reuters Graphics</span></p><p>The Big Six companies, seen as bellwethers for the tech sector and for the performance of the S&amp;P 500, are set to report quarterly results over the next two weeks.</p><p>Rising bond yields, hotter-than-expected recent U.S. economic data and uncertainty around the Federal Reserve&#39;s interest rate cut outlook have also weighed on these high-valuation stocks.</p><p>The earnings momentum of the Big Six has experienced four distinct cyclical waves, UBS said, starting with the COVID-19 pandemic driving consumer demand for personal computers (PCs), online shopping and social media.</p><p>Once the pandemic subsided and the economy reopened, profits suffered because of waning demand for tech products, driving EPS growth contraction in 2022. The profit upsurge in 2023 was a result of easier comparables and a reduction in expenses for companies.</p><p>&#34;Earnings are projected to quickly renormalize in mega-cap tech, following a sharp decline in profit growth from 4Q23-3Q24,&#34; Golub said.</p><p>The Big Six firms are currently trading in the range of 21.6-39 times their forward 12-month price-to-earnings (PE) ratio, whereas the benchmark S&amp;P 500 index trades about 25 times.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/474cbf5e0f4f3766720ece59e1094f83\" alt=\"Reuters Graphics\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1032\"/><span>Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","NVDA":"英伟达","LU0079474960.USD":"联博美国增长基金A","BK4571":"数字音乐概念","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","GOOGL":"谷歌A","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","AAPL":"苹果","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4220":"综合零售","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0097036916.USD":"贝莱德美国增长A2 USD","AMZN":"亚马逊","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","MSFT":"微软","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","META":"Meta Platforms","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2429234509","content_text":"April 22 (Reuters) - Profit growth momentum of the so-called Big Six technology stocks could \"collapse\" over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies.Growth in earnings per share (EPS) of the \"Big 6 TECH+\" stocks - Apple, Amazon.com, Alphabet, Meta, Microsoft, and Nvidia - was projected to decline to 15.5% by the first quarter of 2025, from 42.2% estimated for the same period this year, strategists led by Jonathan Golub said.\"Our downgrade of the Big Six - from 'Overweight' to 'Neutral' - is not predicated on extended valuations, or doubts about artificial intelligence. Rather, it is an acknowledgement of the difficult comps and cyclical forces weighing on these stocks,\" Golub said.In contrast, other tech stocks are set to perform better, UBS said, forecasting EPS gains of nearly 26% by the first quarter of 2025, from 11.1% projected for the same period in 2024. These companies did not participate in the COVID-driven boom to the same extent as the mega-cap stocks.Reuters GraphicsThe Big Six companies, seen as bellwethers for the tech sector and for the performance of the S&P 500, are set to report quarterly results over the next two weeks.Rising bond yields, hotter-than-expected recent U.S. economic data and uncertainty around the Federal Reserve's interest rate cut outlook have also weighed on these high-valuation stocks.The earnings momentum of the Big Six has experienced four distinct cyclical waves, UBS said, starting with the COVID-19 pandemic driving consumer demand for personal computers (PCs), online shopping and social media.Once the pandemic subsided and the economy reopened, profits suffered because of waning demand for tech products, driving EPS growth contraction in 2022. The profit upsurge in 2023 was a result of easier comparables and a reduction in expenses for companies.\"Earnings are projected to quickly renormalize in mega-cap tech, following a sharp decline in profit growth from 4Q23-3Q24,\" Golub said.The Big Six firms are currently trading in the range of 21.6-39 times their forward 12-month price-to-earnings (PE) ratio, whereas the benchmark S&P 500 index trades about 25 times.Reuters Graphics","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":118,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}