UBS Chief capital US Equity Strategist Jonathan Golub downgraded the “Big Six” tech equities – Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT) — from Overweight to Neutral citing “difficult comps and cyclical forces weighing on these equities.” In addition, Golub claims that the monumental earnings that catapulted these companies are “collapsing.”
Yahoo money management Reporter Josh Schafer joins sector Domination to break down UBS’ call on the majority of the Magnificent Seven tech leaders and what Golub forecasts for the tech sector in his note to investors.
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