Communication services just crushed it in the S&P 500 rankings. Alphabet and Meta led the charge, and here's the interesting part - an analyst from Manulife John Hancock Investments pointed out something worth noting: media players without heavy legacy infrastructure are positioned way better for what's coming. Makes sense when you think about it. The companies not dragging around outdated assets can pivot faster and capture opportunities others miss.
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GateUser-6bc33122
· 16h ago
Ngl, Google and Meta are really amazing, but those old media companies are quite miserable; their technical debt is too heavy.
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blockBoy
· 16h ago
Dude, that's why I've always been optimistic about those new elites who are light on their feet; the pile of junk assets from traditional media is really a burden.
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TxFailed
· 16h ago
ngl, legacy infrastructure is basically tech debt with a quarterly earnings call attached. alphabet and meta dumping old baggage while competitors are still paying for dial-up servers... yeah that tracks. learned this the hard way watching bloated platforms collapse tbh.
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GweiWatcher
· 16h ago
Companies without burdens are truly the winners; just look at the recent moves by Alphabet and Meta to understand this. Those old media companies should have let go of their legacy systems long ago.
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rekt_but_resilient
· 16h ago
nah fr this is why traditional media has always been pressed to the ground, the burden is too heavy.
Communication services just crushed it in the S&P 500 rankings. Alphabet and Meta led the charge, and here's the interesting part - an analyst from Manulife John Hancock Investments pointed out something worth noting: media players without heavy legacy infrastructure are positioned way better for what's coming. Makes sense when you think about it. The companies not dragging around outdated assets can pivot faster and capture opportunities others miss.