BBCNEWS Asia Business Report July 6, 2024
alphabet and meta. and microsoft samsung and intel. the technology sector has been —— enjoyed rapid growth during the pandemic but now they are operating in a high interest rate environment. they have also been cost—cutting measures. meta, for example, has had to announce that this month it will cut 10,000 more jobs and that is on top of the 11,000 that the company let go last november. danzig is a deputy chief investment officer at richard burnside advisors and he now says that he is not optimistic about technology stocks in the united states. i don't really see any reason to ...
Source: archive.org