This week, the F, A and G from the FAANG acronym are reporting results - namely Facebook, Amazon and Alphabet’s Google.
Monique Wong, senior portfolio manager at Coutts, says: "Earnings season has been good and the technology sector is doing very well. It is supported by the fact that earnings in those companies are good - they're up 20-25% year on year."
She says: "I think we'll see that even in companies like Google where we have the EU fine.
"What we'll see in terms of their business is the core numbers are going to be strong in their search engine, in YouTube where they have over 190 million users, their cloud service is gaining market share. So sales growth there is going to be in excess of 20%."