GAFAM Embarks on New Ventures: A Comprehensive Analysis of the Latest Moves by U.S. Big Tech!

Many U.S. stocks such as GAFAM, Tesla, and BlackRock are positive about the development of blockchain-related technologies, and there is a strong view that the country will be a driving force behind Web 3.0.

However, the U.S. is challenged by unprecedented inflation, and the policy rate is at a 22-year high of 5.25 ~5.50%. The high interest rates are a headwind for growth stocks, which need funding and are concentrated in tech companies, and stock prices are likely to fluctuate depending on economic and interest rate conditions in 2024.

●Amazon.com (AMZN)

Category: Retail

Amazon Digital Marketplace in the works?

The world is watching Amazon's new Web 3.0 service, which boasts 200 million users worldwide

In January 2023, it was announced that Amazon would launch a new Web 3.0 business. It was later revealed that the company is expected to launch its own NFT marketplace under the service name “Amazon Digital Marketplace.

At this point, no details regarding the launch of the service have been revealed, and the entire world is watching with bated breath. According to U.S. sources, Amazon is planning to accelerate its investment not only in NFT, but also in Layer 1 blockchain and blockchain gaming.

In fact, Amazon supports blockchain through its cloud service AWS (Amazon Web Services), and Amazon has often been rumored to be making a full-scale entry into the Web 3.0 space, and at one point the possibility of supporting crypto asset payments was raised.

The entry of Amazon, which has 200 million users worldwide, will affect not only the Web 3.0 domain but also various other fields. The company's future moves will continue to attract a great deal of attention.

▶▶︎Future Outlook

There is a possibility that Amazon will make a full-fledged entry into the Web 3.0 domain, but at this point, it is better to remain cautious as the full details are not yet known.

Microsoft (MSFT)

Category：Information and communication services

Participated in the launch of the new blockchain “Canton Network

Microsoft is strengthening cooperation with Web 3.0-related companies as it enters 2023, which may have an impact on the market depending on trends.

Microsoft is once again accelerating its Web 3.0-related efforts after investing in an investment round of blockchain startup ConsenSys in 2022.

Originally, Microsoft offered a blockchain service, Azure Blockchain Service, which was terminated in 2021; in 2023, the company entered into a partnership with blockchain infrastructure provider Ankr and launched a new blockchain service, Canton Network (Canton), aimed at streamlining the financial market. He participated in the launch of the Canton Network, a blockchain aimed at streamlining the financial market.

The company has also entered into a partnership with Axelar Network, a cross-chain protocol, and has strengthened its ties with Web 3.0-related companies, including a partnership with Aptos to explore building AI-based blockchain applications.

At present, the suggested entry into the generative AI business has a greater impact on the market, and it is unlikely that Web 3.0-related activities will be reflected in the market anytime soon. However, as services in the Web 3.0 area and Microsoft itself become more closely linked in the future, expectations are expected to rise and be reflected in the share price.

▶▶︎Future Outlook

Microsoft is strengthening its ties with Web 3.0-related companies, but the market has yet to see much response, and for the time being, the focus is likely to be on the topic of AI.

Alphabet (GOOGL)

Category：Information and communication services

Possibility of rapid growth depending on measures taken in response to declining profit trend in advertising business

Impact of new services and subsidiary trends is not enough to dispel concerns at present

Alphabet has achieved significant growth in business performance over the past three years, and its stock price has risen significantly in proportion to this growth. The main reason for this is the advertising business of Google and Youtube, and the company is also involved in Web 3.0-related businesses, but it is difficult to say that the impact of these businesses is reflected in the market at the present time.

It is true that the growth rate has been sluggish, as evidenced by the decline in YouTube advertising sales, but it is still too early to say whether the Web 3.0-related businesses they are involved in will have enough impact to replace these businesses.

The decline in YouTube ad sales could have a significant impact on Alphabet's stock price, which is a cause for concern for the company. If Alphabet can take advantage of this situation and develop a service that replaces its existing advertising business, it could have a significant impact on the market and lead to an increase in its stock price.

In fact, the outlook for Alphabet's future will depend on whether or not the company is able to innovate, as it has companies in several industries, including life sciences, investment capital, and research, as well as Web 3.0-related businesses, under its umbrella.

▶▶︎Future Outlook

There is still potential for growth, depending on innovation and the development of new services to counter the trend of declining profits in the advertising business, which has become a cause for concern.

Meta (META)

Category: Information and Communication Services

Future prospects will be determined by the success of the Metaverse division

The company is still investing aggressively in fields such as metaverse and AI, and has not yet reached the stage of driving earnings

Meta has a strong image of having led the Metaverse boom, but on the other hand, in the Web 3.0 domain, the aborted currency project it once launched as Libra may be more impressive.

It should also be remembered that the company had developed a function on Instagram for trading and purchasing NFTs. The service is currently being discontinued in order to focus on other areas where it can have a greater impact, such as the messaging function and the creation of monetization opportunities for reels. There is a good possibility that the company will once again focus on Web 3.0-related initiatives, including NFT.

Currently, the company has announced that it will focus on the integration of AI and the Metaverse. Its Metaverse division, however, generated a larger-than-expected loss of $3.7 billion in its Q2 2023 financial results, with the loss expanding from $2.8 billion in the same period last year.

Meta describes this as a multi-year plan, so the future outlook will depend on how well the Metaverse division produces results in the next year or two.

▶▶︎Future Outlook

The Metaverse division is currently in the red, but its future prospects are expected to change greatly depending on whether or not it can provide products that will have an impact on the world.



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