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Wednesday, 08/11/2021 1:10:09 PM

Wednesday, August 11, 2021 1:10:09 PM

Post# of 117
why the FANGMAN stocks – Facebook, Amazon, Netflix, Google’s parent company Alphabet, Microsoft, Apple, and Nvidia – have a market capitalization over $10 trillion. They blew it out in the second quarter with nearly $70 billion in profits. The pandemic – while taking a sledgehammer to Main Street and Mom-and-Pop businesses – has been good for Big Tech. And when Big Tech makes up 25% of the S&P 500, what’s good for Big Tech is good for the stock market.