What’s the deal with big tech?


Every quarter, they post blow out earnings, double digit growth, expanding margins, impressive results on all fronts.

They pop like 7-10% then proceed to give it back then trade sideways until next ER where they pop 7-10% again and the cycle repeats. This has been the trend (besides Apple) for the past year or so.

Does anyone have any insight into why this happens?


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