Big Nets 💸

Table of Contents

Big Nets

Big tech stocks have been some of the worst performing of 2022, with the NASDAQ moving negative nearly every day and even falling a whole 2% last Friday. To gain some more understanding of all this, 2021 is an important year to reflect on. What decisions did these companies make? And were they good or bad? Well, the common line running between these companies during 2021 appears to be their major investments and acquisitions in smaller companies. In fact, in 2021, Amazon, Microsoft and Alphabet all went on a buying spree with Google’s parent company Alphabet making 22 deals, Microsoft making 56 deals and Amazon making 29 deals in 2021.

One possible reason these companies are doing this is to stay a step ahead of Washington, as each and everyone of them faces antitrust scrutiny and vows from D.C to take on Big Tech. Erik Gordon, a professor at the University of Michigan’s Ross School of Business explained it well, stating: “Once a precedent is set in one courtroom by one judge it’s easier for other judges to follow that precedent.” and that Big Tech is “paying a lot of attention and would like to get deals done before the administration succeeds in getting new precedent”. The moves appear to be backed by the full force of these companies’ resources, with ​​the likely reality being one in which they pay dozens of lawyers, to confirm the odds of a deal being approved. What do you think about the moves of these tech giants? And does Washington have a shot at stopping them?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:
More Posts
From One Rock to Another 🚀

NASA’s OSIRIS-REx mission, after a seven-year journey, successfully captured and delivered asteroid samples.

Too Much Debt  💳

Rising credit card debt and delinquencies have created losses for credit card companies.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.