Not too long ago, Americans worshipped Silicon Valley, technology companies, and their brilliant, driven founders. One of the purest tech plays — the Invesco QQQ Trust (QQQ) — has soared an eye-popping 603% during that time, also excluding dividends. Companies in the crosshairs of public ire — especially Facebook (FB) and Alphabet (GOOG)(GOOGL) parent company of Google — have seen their stocks lag, while others, like Amazon (AMZN) and Microsoft (MSFT) which has put its legendary legal troubles behind it, have way outperformed. Read More...
Stock-market investors must heed this sea change in attitudes toward Big Tech
Not too long ago, Americans worshipped Silicon Valley, technology companies, and their brilliant, driven founders. One of the purest tech plays — the Invesco QQQ Trust (QQQ) — has soared an eye-popping 603% during that time, also excluding dividends. Companies in the crosshairs of public ire — especially Facebook (FB) and Alphabet (GOOG)(GOOGL) parent company of Google — have seen their stocks lag, while others, like Amazon (AMZN) and Microsoft (MSFT) which has put its legendary legal troubles behind it, have way outperformed.
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