What the Coming Big IPOs Mean for Tech Stocks

The first quarter is over, and tech earnings season is only a couple of weeks away. Here’s something worth thinking about: Big tech stocks out of favor with investors - particularly Microsoft, Amazon and Meta Platforms - need to show something striking when they report for the quarter if they want to get out of the doghouse they’re in. If they don’t, sentiment is likely to become even negative. In the next few months, tech investors are going to have the opportunity to put money into SpaceX and later OpenAI and Anthropic.