Big tech companies are "threatened" by the European Union + Apple is now in trouble in China.
Amazon $AMZN, Alphabet $GOOG, Apple $AAPL, Microsoft $MSFT, Meta $META and ByteDance (is a Chinese internet technology company) now have six months to comply with stricter market rules.
I don't really get it and it annoys me terribly ( to put it politely). As soon as a country, or in this case the EU, needs money it goes after companies that are doing well. It pisses me off that when a country or the EU needs money and they have a huge debt they go after these companies. Otherwise, I'm not worried about Apple. Apple will and probably already is building factories in India and will target India, so I don't see a problem there.
I'm not going to write any direct news today, rather I just want to give space to discuss how you think this first busy week is going so far and JPMorgan's outlook for today's Fed meeting, which I'm sure we will all be watching closely. 😊
Great, nicely written again. I'm also interested in the results of a few companies and the Fed didn't surprise in the end and raised interest rates by 25bps. I'm really enjoying this week😁.
Have a nice evening Buliosians, I would be interested in your opinions, how do you see the future of these two - technological giants? Which of $MSFT vs $GOOG do you trust more in the future? For example, can Microsoft steal the #1 spot from Google in internet search with the help of their AI? Have your say in the comments!
I like Microsoft better, I like their diversification and incorporation of AI into Windows and MS Office. Personally I hope their acquisition of $ATVI works out, that would give them a bigger share of the video game market.
AI! The most talked about topic in the investment world lately. We had a crazy tech rally during covid. When the pandemic ended, inflation and interest rates rose and the tech. mega rally was extinguished.
Now we have a new rally! ChatGPT has left investors feeling exuberant. And a new rally is in full swing as all sorts of future AI opportunities are priced in. That's why I've... Read more
Hey, I'm reading about $RNDR everywhere now... can someone explain to me what this is about? They're supposedly working with $AAPL$GOOG and $NVDA but I'm not really clear
Google $GOOG took a big hit on Wednesday, with shares falling more than 5%. They ended the momentary growth, at least for a while.
Yesterday, when most stocks and indices were giving back gains after Wednesday's plunge, Google stayed around zero and ended the day with a small loss.
Will this be the stock that first starts the correction so others can follow?
From a trade perspective, something might show up, overall now they had a one day drop in big tech, $MSFT went down $10 in one day. Anyway, I'll join the others as I was buying at 89$ too so I'll hold on. Of course, if it bounced back to around $100, I'd probably be overbought. 😊
There are some good points and some that are a bit against. I don't see a lot of growth there right now either and I would have expected some sort of drop off. If we get to even lower levels than we were last year, that would be a bump. Still no blood flowing in the market yet...
We are finally seeing some decline in stocks like $MCD$PEP$PG$KO and $SBUX has been added as well I think the decline is not over and so finally those new here will be able to buy into these good stocks for at least some first position to possibly dilute further.. :) It's just a shame that $MSFT and $GOOG haven't joined in yet... :)
I don't really get it and it annoys me terribly ( to put it politely). As soon as a country, or in this case the EU, needs money it goes after companies that are doing well. It pisses me off that when a country or the EU needs money and they have a huge debt they go after these companies. Otherwise, I'm not worried about Apple. Apple will and probably already is building factories in India and will target India, so I don't see a problem there.