Big Tech Is in a Perilous Moment. The Stocks Are Still a Buy.

3 weeks ago 20
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Updated Aug. 20, 2021 10:22 americium ET / Original Aug. 20, 2021 4:00 americium ET

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Illustration by Nicolas Ortega

Over 3 days successful precocious July, America’s tech giants enactment connected an awesome show. Apple, Microsoft, Alphabet, Amazon.com, and Facebook had thrived successful the pandemic, and their latest net reports hammered location the point. The 5 companies generated a combined $332 cardinal successful gross from April to June, up 36% from a twelvemonth earlier. All of their profits were amended than expected. The twist is that each of their stocks, prevention for Alphabet’s, sold disconnected connected the news.

The antagonistic absorption reflects the paradox surrounding America’s Big...


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