Will the big techs continue to sink next week?
$Alphabet(GOOG)$
I believe that the panic selling and chain reaction are overdone as Alphabet's main source of revenue from advertising has proven to be resilient and its investments are necessary to sustain long-term growth in areas such as generative AI and robotaxis. The fundamentals of Apple, Microsoft, Alphabet, Amazon and Meta Platforms have remained strong and given their strong market dominance and leadership in their respective businesses, I'm confident that their stock prices will recover over time. In fact, I'm optimistic that Apple, Microsoft, Amazon and Meta Platforms will bring cheers to the market when they release their latest earnings. For now, the selloff offers an opportunity for me to accumulate more of these big techs.
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- VivianChua·07-28Nice 💚 💚 💚LikeReport