🚨Quant Prep Interview guide OUT NOW🚨
- A list of front-office salaries
- A comprehensive list of financial services firms
- Real-life interview experiences
- 138 interview questions including: Finance, Probability & Python
Get it here👇
https://t.co/QrJ3PIX6Ws
US tech profitability is exploding higher:
Profit margins for Technology, Media, & Telecom (TMT) stocks are up to a record 24%.
Margins have doubled since the 2022 bear market.
Tech profit margins are now nearly 10 percentage points above their historic trend, which is currently running at ~15%.
By comparison, profit margins for companies excluding tech stand at ~9%, in-line with their long-term trend.
This is still below the 2007 peak before the Financial Crisis started and below the 2021 high.
As a result, tech profit margins are now ~2.7x higher than the rest of the market.
The AI Revolution is transforming tech's profitability.