On January 26, 2024, Intel, a recognized tech giant, watched its stock (INTC) plummet from $49.45 to $43.07 in less than two hours, a remarkable drop of 12.90%. The explanation for this plunge is that Intel posted a disappointing sales outlook for the quarter. The company lowered its revenue forecast from $19.5 billion to $19.2 billion, a 3.4% cut.

In the days that followed, the revised revenue forecast reduced Intel's market capitalization by $56.28 billion. That's all it does – change revenue forecasts.

Interestingly, rival Nvidia also lowered its revenue forecast by 3.6%, outpacing Intel, but Nvidia's stock price remained bullish throughout the first quarter.

Exness platform analysts believe this is because Nvidia's artificial intelligence is leading the tech world into a new era. In addition, it is also possible that Intel is in a state of stagnation, busy making small chips much larger than IBM chips, and the microarchitecture can barely keep up with its competitors. One seems to have a promising future, and the other has a bleak future.

Exness's official website analyzed that the company's long-term outlook makes the conglomerate extremely sensitive to short-term signals. This begs the question: which big companies will weather the storm that is coming in the 2020s, and which will collapse at the touch of it?

A company with a promising future

Looking at the stock list, the following companies' products or services align with current technology trends and consumer demands, showing potential for long-term growth:

Tesla Inc (TSLA): Tesla's focus on electric vehicles and renewable energy solutions positions it well in the green energy trend. While Musk and Tesla are not in the spotlight right now, Tesla's technology is ready for survival, which means Tesla is likely to be a great opportunity that no one is optimistic about.

AMD (AMD): AMD has made great strides in the CPU and GPU markets, challenging long-time competitors with its high-performance processors. Its products power personal computing, gaming, and data centers, all of which continue to grow strongly.

Nvidia Corporation (NVDA): Nvidia Corporation is known for its GPUs, which are crucial not only in gaming but also in professional visualization, data centers, and artificial intelligence. Nvidia's technology, at the forefront of AI and deep learning, plays a pivotal role in these rapidly evolving fields.

Alphabet Inc. (GOOGL): Alphabet's extensive product portfolio, including AI, cloud computing, and autonomous vehicles, positions it at the forefront of technological innovation. It's hard to imagine a world without Google, and this company is likely to outlive all of us.

Amazon Inc. (AMZN): Amazon's e-commerce platform, cloud services (AWS), and investments in artificial intelligence and logistics technology all show strong growth potential. People and society want to shop online, but they need cloud services. No other company can threaten Amazon's dominance, so AMZN will be on your 2030 trading watchlist.

Taiwan Semiconductor Manufacturing Corporation (TSMC): As the world's leading semiconductor foundry, TSMC is key to the production of advanced chips, benefiting from global demand for electronic products and computing power. Political clouds hang over Taiwan, and the situation may change fundamentally, but for now, TSMC is still in a solid position in 2030.

Companies that may face challenges

These companies may feel the pressure of market changes, technological advancements, or changing consumer preferences:

BlackBerry Corporation (BB): Once a leader in secure communications, BlackBerry struggled to compete in the smartphone market and is now looking to reinvent itself in cybersecurity and software. It has already been renovated once. If it doesn't, the 40-year-old company may not live to 2030.

International Business Machines Corporation (IBM): Despite IBM's efforts in cloud computing and artificial intelligence, it faces stiff competition from more agile companies and needs to continue to evolve to remain relevant. IBM is an iconic company, but some might say that it is already considered a last-generation company.

ExxonMobil Corporation (XOM): As the world shifts towards renewable energy, oil and gas companies like ExxonMobil face long-term challenges in adapting their business models. But switching from fossil fuels to renewable energy is a long process, so don't expect anything shocking to happen anytime soon.

eBay Inc. (EBAY): In the face of fierce competition from other e-commerce platforms and changes in consumer shopping habits, eBay needs to innovate to maintain its market position. If nothing changes, we may see the end of eBay, starting with some overreaction to the release.

AT&T Corporation (T): With the rapid changes in the telecommunications industry and the advent of the 5G era, AT&T faces challenges in adapting to new technologies and dealing with competition from more service providers. AT&T is in a technology race, but it's not innovating. If you don't set foot in unfamiliar territory, you will fall behind.

epilogue

It is unreliable to assume that a company has the right technology, service, or product that can lead them to a strong future. Companies innovate, merge, or reposition. BlackBerry was once a respectable phone brand, but now it's a cybersecurity company.

The example of a weak report from Intel Corporation that caused stock prices to plummet while other companies with worse data remained unaffected is a reminder that the known influencers in the market are immeasurable, and it is likely that there are some very powerful influencers that are not visible to the public.

Nevertheless, this logic is still worth understanding and enriching your experience and knowledge. The next time you hear a disappointing revenue report, ask yourself if this company is blazing a trail in society or struggling to keep up with the times.