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Q2 Big Tech stocks in focus: Buy or sell?
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Last quarter marked a suspenseful but resilient quarter which threw water on the earnings recession narrative as the growth rate finished at Show More
Last quarter marked a suspenseful but resilient quarter which threw water on the earnings recession narrative as the growth rate finished at +0.1% from -5.1% at the beginning.

The S&P500 23Q2 blended revenue growth Y/Y is estimated at +3%, while the blended earnings growth estimate is -2.2% Y/Y, excluding the energy sector, according to the IBES data. As the leading tech company, Alphabet posted quarterly revenue of $74.6 billion, up 7% YoY, with quarterly diluted EPS of $1.44. Microsoft posted 8% revenue growth this quarter, reaching $56.2 billion. Meta topped analysts’ estimates with an increase of 11% in revenue YoY. DAUs were 2.06 billion on average for June 2023, an increase of 5% YoY. Amazon’s stock surges as Q2 earnings show profit and sales jump. Its sales grew 11% to $134.4 billion, as CEO Touts ‘Strong Demand’ for Advertising.
1) Which company's Q2 earnings are you most satisfied with?
2) Is it now a good chance to own the 「Big Tech」 stocks or other sector stocks?
3) What's your opinion or analysis on the current market? Better to have a trading record!

Rewards:
1) Inspiration Reward: Six winners will be given 1,000 points each, based on the content's originality, quality and engagement.
2) Participation Reward: We will provide 60 points for everyone who comments here with relevant posts over 20-word. For sure, any comment is welcome!
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