"Big Tech's Shifting Strategies: Downsizing, Profits, and Strong Quarterly Results"

Tech giants like Meta and Amazon are shifting towards a more disciplined approach, focusing on doing more with less and prioritizing cash returns to shareholders. This marks a departure from their previous strategy of aggressive growth and reinvestment. The companies are also implementing significant job cuts and capital preservation measures, reflecting a new era of maturity and financial prudence in the tech industry. Despite strong stock performance, questions remain about where these companies can find significant future growth.