This will eventually break. Can't have only 6 stocks leading market gains consistently. Six tech stocks now make up half the value of the Nasdaq 100 PUBLISHED WED, JUL 22 20208:30 AM EDT https://www.cnbc.com/2020/07/22/these-six-tech-stocks-make-up-half-the-nasdaq-100s-value.html
If these co's are truly worth $1.5-$2 trillion then eventually they'll be broken up .No company in the world can stand against Amzn overall . For 20 years they were allowed to build out their infrastructure with a free pass from wall street as they lost money every yr . There a threat to every retailer and now a threat to Ups,fedex and even the post office . I see many more amzn trucks than ups or fed ex trucks . In the yrs to come they'll be a threat to grocery stores .In order to grow they'll need to conquer new areas.
Welcome to the too big to be regulated era. With hundreds of billions in cash at their disposal, big tech companies can pay off all the politicians they need to.
FAGAT sounds too much like Faggot, so is politically incorrect. Doubt any wire service will ever use it. Although it was a non offensive word back in the day in the UK, was a type of meatball