microsoft is paying over $30,000,000,000/year or billions in dividends for 'technology' company same with apple .
it's just apple and microsoft and companies like facebook and google is generating billions in free cashflow. until that ends the fundamentals are pretty strong the price may be high and interest is too low.
facebook ,amazon, netflix, google, don't really produce anything of value. parasites of the economy. or leeches or middleman.
facebook sells users
amazon just market place
netflix. reselling videos
google advertising. it doesn't producing anything.
they have less money to invest in technology and consumer just paying the Microsoft tax. and business paying the google tax and facebook it's content or product is the users. it's ad company.
without the product which is it's users it has no product to sell to advertisers.
the business model of these tech company could change or new competitors. newer better technologies. that is the technology and which drives innovation. now there is actually less money invested in new technologies due to complacency in these businesses. like google,facebook ,microsoft,ebay , amazon, netflix. et or any entitity like gov't
city and local gov't is in trouble as it's losing 50% in tax revenues. and has to borrow money in the market. who would lend money to bankrupt cities and bankrupt gov't owned entities. gov't cannot raise taxes, the taxpayeres will riot.
everybody is think this corvid 19 thing would just go away. its almost 6 months. and the infection rate in the US is worse than a month ago. this could go for another year before air travel resumes.