With valuations at their highest level today since the dot-com boom, there’s concern about a flood of investors piling into large-cap tech companies, and some are warning that too much market concentration in a handful of stocks could pose downside risks.Design by ForbesMuch of the stock market’s remarkable rebound from March’s coronavirus low point can be attributed to investors piling money into a handful of mega-cap tech stocks.
While the S&P is down roughly 1% in 2020, Facebook and Google have jumped more than 10%, Apple and Microsoft are up 25% and Amazon has gained a whopping 57%. , and they expect steady profits and revenue from online businesses despite uncertainty over the coronavirus pandemic, which has wreaked havoc on much of the rest of the market.
skleb1234 Is FAANG an oligopoly?
skleb1234 Um.....there's several reasons!
skleb1234 Our overlords
skleb1234 Dot-coms don't actually make very many physical objects. The future will have no record of them.
skleb1234
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Source: Forbes - 🏆 394. / 53 Read more »