Meta Platforms Aktie
WKN DE: A1JWVX / ISIN: US30303M1027
16.07.2024 10:20:00
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Why Amazon, Alphabet, and Meta Platforms Rallied Between 27% and 43% in the First Half of 2024
Shares of "Magnificent Seven" big tech companies Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Meta Platforms (NASDAQ: META) each rallied hard in the first half of 2024, rising 27.2%, 30.4%, and 42.5%, respectively, according to data from S&P Global Market Intelligence. All three are major players in the digital advertising business, which saw a strong recovery in the first half as the U.S. economy remained resilient. Another commonality is that each is investing in new generative artificial intelligence (AI) functionality, which continued to capture the attention of investors.Each of these three businesses saw a slowdown during 2022 and early 2023. The downturn forced all three to cut expenses in terms of real estate and personnel. Both Alphabet and Meta engaged in high-profile layoffs in what Mark Zuckerberg called the "year of efficiency," and Amazon completely retooled its e-commerce distribution architecture, from a national to a regional one, after the massive COVID-era overexpansion. The retooled format sped up deliveries and lowered costs significantly.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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03.03.25 | Meta Platforms Outperform | Bernstein Research | |
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Aktien in diesem Artikel
Alphabet Inc (A) Cert Deposito Arg Repr 0.034482 Shs | 3 430,00 | -3,38% |
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Alphabet A (ex Google) | 136,64 | -0,19% |
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Alphabet C (ex Google) | 138,24 | -0,45% |
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Amazon | 160,46 | -0,83% |
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Meta Platforms (ex Facebook) | 466,00 | -3,19% |
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