Apple vs. Microsoft: Analysts Reveal'Big Tech'Q4 Market Outlook

摘要

The first half of the year we saw tech stocks taking the spotlight, with Apple, Amazon, Meta, Microsoft and Tesla outperforming the wider market and proving themselves as the propellant pushing both indices to their highest level in more than a year. Interested in how big tech is going during the second half of 2023 as we head into Q4, the experts at FOREX.com took a deeper dive into this. As we step into the second half of 2023, the global financial landscape remains dynamic, promising both challenges and opportunities for investors. What we can expect for the coming months: Big tech companies saw a great revival in the first half of the year, with Apple, Alphabet, Amazon, Meta, Microsoft, NVIDIA and Tesla leading the way. Their performance propelled both the Nasdaq 100 and the SP 500 to new heights, reflecting the tech sector's ability to adapt in uncertain times. However, as we progress into the last quarter, they face the test of maintaining and sustaining growth. The diversity in valuations among these tech giants will likely narrow, creating opportunities for long term investors and traders.