UBS Predicts Profit Growth Momentum of Big Six Tech Companies to Decline Over 2024
===============	
#b757679d ver:0.69

As the US tech boom continues to surge, analysts are examining the factors driving this remarkable run. While the fear of missing out (FOMO) has played a significant role in accelerating the tech sector's growth, fundamentals such as earnings forecasts, profit margins, and valuations are also contributing to the boom. The I/B/E/S aggregate forward earnings growth forecast for the S&P 500 in 2025 is 13.6%, the highest since 2025 forecasts were first drawn up two years ago. Additionally, Big Tech's profit margins are predicted to widen to 23.4% this year, nearly twice the overall S&P 500's expected profit margin of 12.7%. Despite concerns of a bubble, valuations for Big Tech companies are not considered stretched. The ongoing tech boom has led to raised S&P 500 forecasts, with some analysts ...

#newstr #UsTechBoom #EarningsForecasts #ProfitMargins #Valuations #BigSixTechCompanies #Ubs #StockMarket 

 https://here.news/story/b757679d?ver=0.69