Valuation premium of US tech stocks vs. rest of the world is going beyond parabolic...
Source: Topdowncharts, TME
Long Big tech is now the most crowded trade in the latest Global Fund Manager Survey by BofA
Short China equities comes next.
Visualizing Google’s Search Engine Market Share 🔍
https://lnkd.in/dAbVgCFJ
There is always a bull market somewhere...
Tesla’s recent acquisition of German wireless #EV startup puts the company at the forefront of the wireless EV charging sector. The global wireless EV charging market, currently valued at $30M, is anticipated to grow at an 89% CAGR, reaching close to $10B by 2032. This growth is largely attributed to ongoing R&D and supportive government incentives (source: Beth Kindig). So what is global wireless EV charging about? For electricvehicles, traveling range and charging process are the two major issues affecting it’s adoption over conventional vehicles. With the introduction of Wire charging technology, no more waiting at charging stations for hours, now get your vehicle charged by just parking it on parking spot or by parking at your garage or even while driving you can charge your electric vehicle
Over the years, 'soft consumption' such as entertainment has gained lots of traction, thanks to on-demand streaming services
Source: Genuine Impact
Technology stocks now reflect a record ~25% of all equity fund assets
Just 8 years ago, technology stocks only reflected just ~9% of all equity fund assets. Meanwhile, 5 stocks currently account for ~70% of the Nasdaq's gain this year. Technology stocks have become the backbone of the stock market. Source: The Kobeissi Letter
HAPPY BIRTHDAY GOOGLE!
OTD in Tech History 4 September 1998, Google was founded by Larry Page and Sergey Brin, while they were PhD students at Stanford University. Below a Timeline and FAQ about Google (by officetimeline.com): 1) When was Google created? The search engine Google started development in 1996, and it was originally named Backrub, which later became Google, a play on the term “googol”. Google Inc. was officially founded on September 4, 1998 to market Google Search. 2) What does Google mean? The name Google is a creative spelling of googol, the mathematical expression for the number 1 followed by 100 zeros. The term googol was coined back in 1930s, and is attributed to Milton Sirotta, the 9-year-old nephew of American mathematician Edward Kasner. Also, google has become a verb, meaning “to use the Google search engine to search for information about someone or something on the internet”. Today, the meaning of the term google has widened even more and is often used as “to look up information online” using any search engine.
A headline from 2007
Jon Erlichman
