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They're not all within the "Technology Sector"? I understand the nuance, and Amazon is a black swan that we could debate endlessly. Isn't the more relevant co
by LMYahooTFY 9y ago
They're not all within the "Technology Sector"?
I understand the nuance, and Amazon is a black swan that we could debate endlessly.
Isn't the more relevant consideration here how they're categorized in market/investment terms?
- kgwgk 9y agoActually Amazon is classified as Consumer Discretionary. It represents over 20% of the SPDR Consumer Discretionary ETF (XLY).
- UncleMeat 9y agoOne sells products to consumers and has a massive cloud platform. One is a social networking application that makes its money selling ads. They both employ a lot of software engineers and have big datacenters but it becomes increasingly less meaningful to bucket them together.