When investing, that means identifying strong businesses that have carved out lasting competitive advantages and holding their stocks for a long time. Let's have a closer look at two companies that simply dominate the digital advertising market: Alphabet (NASDAQ: GOOG) and Meta Platforms (NASDAQ: META). Topping the list of tech stocks to buy for the long haul is Alphabet.
On April 27, image-browsing platform Pinterest (NYSE: PINS) announced a partnership with e-commerce giant Amazon (NASDAQ: AMZN). Since then, shares of Pinterest have dropped 3% in value -- the market doesn't appear to be impressed at all with the partnership. When I first found out about Pinterest's partnership with Amazon, I was excited.
The Federal Trade Commission and 17 states have filed a long-rumored lawsuit against the tech giant.