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Technology demand putting heat in tech stocks rally

Tech indices ONE of the main theme investors, industry players and analysts are telling themselves is that stay-at-home orders because of the pandemic have accelerated the usage of technology. A question that is hogging the investment world these days is whether the lofty valuations of tech stocks are justified. The concern is whether the share prices of tech stocks are in for a major correction. Is this going to be a repeat of the year 2000 dot.com bubble burst? And with the Covid-19 pandemic continuing to hurt economies around the world, it is unusual for technology stocks to surge to all-time highs.

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