The Jan. 31 session, which came after the first Big Tech earnings day, was tough.
A non-stock devotee would be blown away by any of the following data points: In the fourth quarter , Meta grew ad volume by 21% year over year.
Meanwhile, net sales for Amazon in 2023 hit $574.8 billion – a 12% increase from the year earlier.
The above table illustrates the compound annual growth rate analysts expect for the mega caps, the S & P 500, and the 494 stocks excluding the Big Six.
This compares to 20.3 for the S & P 500.
Persons:
we've, Jerome Powell's, Meta, Apple, bemoaned Meta's, ROA, — Karen Firestone
Organizations:
Big Tech, Microsoft, Nasdaq, Nvidia, Apple, Google, Power, Amazon, TikTok, Facebook, Asset Management