QTEC - When Giants Rule The Earth

• The biggest tech platforms have been on a tear in the last few years, accelerating into warp-speed growth in both earnings and share prices since the beginning of the pandemic a year ago.
• Despite having their own business models, in general, these companies have capitalized on a handful of trends that increasingly define the modern economy.
• From these building blocks of the online economy, much else flows across all major industry sectors. Thus, it is perhaps unsurprising to see how the tech sector dominates the stock market, accounting for about a quarter of the total market cap of the S&P 500.
• The question on the minds of many is: how sustainable is this?

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