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I think big tech is heading for a rough, dark time, once trump is out and vaccines are widely available I think a large majority of folks will not be glued to t
by subsubzero 6y ago
I think big tech is heading for a rough, dark time, once trump is out and vaccines are widely available I think a large majority of folks will not be glued to their screens consuming media. I know for myself I plan on taking a huge break from news. Expect netflix use to drop like a rock, along with amazon usage, people will be excited to go into stores again. Facebook is looking at antitrust issues regardless of what happens, (FTC, every state is suing it). Also I think you will have investors cycle money out of that sector, especially if the economy picks up and Biden/the Fed decide to raise rates.