Tech Firms left US Stock Markets to Record Highs

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Tech Firms left US Stock Markets to Record Highs

Alphabet, Amazon and Microsoft shares soar better than expected

MD. Muwas MiaID: 151-11-4362

Impact…

• US stock markets hit new peaks on Friday results from the technology companies including Google’s parent company Alphabet, Amazon and Microsoft.

• Adding billions in revenues and increasing profits.

Amazon shares jumped more than 11% on wall street, Company revenue increased 34%.

Microsoft share price added nearly 8% also 12% rise in revenues.

Alphabet revenues jump 24% because of strong advertising sales at Google & YouTube

Result For Stock Market High…

Gates gain on Friday about $550m, He given away to charity.

This is second time Jeff Bezos has become the world’s richest man.

Many analysts concerned that the value of technology shares had reached unsustainable levels

Capitalism is a failed system

US Stock markets hit new peak because of the Globalization

Effect of AMD Shares…

Develops computer Processors and related technologies for business

and consumer markets.

Amazon

Amazon is under priced if you look at the realfigures. Earnings not profits count, thecompany is re-investing and thereforeavoiding tax on profits.

Corbyn and co complain about the lack ofinvestment. Amazon are taking 50,000people every month.

Often here you see people arguing both sideswithout even knowing it

US Stock Market Record High But still some Problems are…

40 million on food stamps.45 million in poverty.21 million kids in poverty.750,000 homeless.20 million living in caravans.0.1% have 200 times more income than 'bottom' 90%.Debt v GDP of 110%.$4.5 trillion national debt.Real wages stuck back in the 1990's.

What a time to be alive, the American dream, you have to be asleep to believe it.

About Economic…

Let the good times roll, the Trump bump showsno signs of stopping. Trump comes in and thereare fewer people on food stamps than atanytime this century. More people in work thanever before. Unemployment down. Crimedown. Market confidence at an all time high.Wages on the rise.

Condition of Economic…

It would have been nearly impossible not to make serious money since the crash, if of course you had money in the stock market. What is adorable is of course is the suspicion those who capitalism so volubly.

Amazon is worth circa 500 times its profit. Retained profit, after practicing tax avoidance on an industrial scale, all based on owning all retail.

Barrier…

As the article says equity valuations are fulland any further growth is dependent onthem delivering results.

Low interest rates have hammered savers,encouraged debt and inflated equities, thethreat of rising interest rates has killed thebond market and threatens zombiecompanies that depend on cheapborrowing.

Overcome…

Economic growth defying all expectations. Hurricanes can’t even stopthis fella. America is once again leading the free world and acting as aninspiration to proud, patriotic nation state democracies. Its only been10 month but can’t wait for 2020 and Trump winning another 4 yearterm. Keep America Great, Trump 2020.

Demand of Tech Products…

Apple, which saw strong demand for its iPhone X onits first day of sales on Friday added 2% ahead ofresults next week. Facebook, which also reportsnext week, rose 3%.

Wake of a higher than expected third quarter GDPfigure, adding to belief that the US Federal Reserveis likely to raise interest rates at its Decembermeeting.

Microchip maker Intel, up 5% after its results, andTwitter, 4% higher following slightly better thanexpected revenues

Overview…

The world economy looks ok at the moment but all the underlying problems remain in the US, Europe and China.

Tech is so over valued. They are held up by nothing, most are not profitable… its all hype.

In Europe, most markets ended higher, thanks to weakness in the euro.

Thank You