The existing narrative discussing why tech stocks are getting hammered
Today the tech-heavy Nasdaq Composite index is off 2.34% after falling the other day. Shares of Tesla are off more than 6% today, now mired in a bear-market correction after reaching brand-new all-time highs previously this year. Apple stock is worth $122.02 per share, down from over its current highs of more than $145. After a […] What’s driving the quick turn-around in the worth of tech business, tech-focused indices, and tech-adjacents, like cryptocurrencies? The result is that the landscape of value is shifting; the winds that were at the back of every tech business are declining, at least for now. …
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