Tech Giants Show Resilience Despite Economic Fears
• Alphabet is primarily an advertising company, so it benefits from ad market strength as the economy recovers • Airbnb continues to deliver strong growth despite recession fears, and the stock looks reasonably valued • UiPath provides rapid revenue growth from AI-powered software without an expensive valuation • Meta Platforms’ advertising revenue and earnings per share have strongly rebounded recently • Visa reported solid earnings growth in its latest quarter, and the stock trades at historically cheap valuation levels