Big Tech Pullback Warnings, Plus UBS downgrades Alphabet 6/26/23

TechCheck
26/06/2023 8 min
Big Tech Pullback Warnings, Plus UBS downgrades Alphabet 6/26/23

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Episode Synopsis

Analysts have been warning of increased concentration in mega-cap tech for a while, with little impact on those names. Is it time now for a pullback? Plus, UBS downgraded Alphabet today to neutral from buy, saying the stock has limited upside and that it may not be the best way to capitalize on the AI wave. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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