The largest tech companies have continued to get fitter and have optimised spend to prioritise cash flows. Investors love to see this, but the balancing act might soon be over.
Before reading, I would have thought the cost control environment would take (at least) a few years to mould into anything more balanced. But you've got me thinking.
My only counter argument: I still think, at least for big tech, there's a great deal of juice to be squeezed from the (reduced in size) lemon.
Excellent as always.
Before reading, I would have thought the cost control environment would take (at least) a few years to mould into anything more balanced. But you've got me thinking.
My only counter argument: I still think, at least for big tech, there's a great deal of juice to be squeezed from the (reduced in size) lemon.