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3 Picks from the Attractive Internet Services Industry
UberUber(US:UBER) Zacks Investment Research·2024-01-17 22:11

Macro factors currently driving the economy, such as inflation, rate hikes, supply chain issues (though minimal right now and in pockets), the relative strength in labor and so forth have a varied impact on players in the extremely diverse Internet – Services industry. Since this is a capital-intensive industry with high fixed cost of operation and the fairly constant need to expand capacity, a high interest rate just isn’t very positive for it. Nor is the impending recession, or at least slowdown, since th ...