A clue as to why MSFT isn’t taking as much heat as the others right now :D It isn’t taking as many risks and isn’t burning through everything on AI infrastructure capex :D Now it’ll depend on whether it can keep up with Google, which is buying its way to market share with debt... see image 2
The World’s Cheapest Markets? 4 ETFs for Asia
While investors today pay roughly 19 times expected earnings for U.S. stocks, there are exchanges in Asia where the same earnings cost less than half as much. But a low multiple alone does not mean a good deal. Some discounts reflect the peak of the semiconductor cycle, while others stem from the…Kryštof Jáně 15h 14 min read