Despite COVID-19's immense impact on the global economy, technology companies have benefited disproportionately, sending their stock prices to sky high levels. However, their recent earnings reports have some very concerning signs for investors.
As COVID-19 swept around the globe, we saw the global stock market plummet, only to see it bounce right back to its all-time high immediately. Now, both S&P 500 and Nasdaq are hovering around their all-time-highs despite the humongous economic uncertainties looming on the horizon. How can investors understand what is going on and prepare for what's to come? The latest earnings reports from the big technology companies may serve as a good sign post for investors planning for the future.
