from consumer companies like microsoft, samsung and intel. the technology sector has enjoyed rapid growth during the pandemic but they now face inflation fears and are operating in a higher interest rate environment. there been higher cost saving measures going to place, for example meta announced it will cut 10,000 morejobs this month that s on top of 11,000 jobs that s on top of 11,000 jobs that go last november. the deputy chief investor at richard bernstein investors is not optimistic about the stocks in the us. i not optimistic about the stocks in the us. ., , ., , in the us. i don t see any reason in the us. i don t see any reason to in the us. i don t see any reason to suspect - in the us. i don t see any i reason to suspect anything different from what we have seen. both from these companies over the past few quarters but also from the companies we have heard from this earnings season. what s clear is that growth is slowing and that is hurting these companies, n
consider goat center of market share. if you consider goat we center of market share. if you consider goat we were - center of market share. if you consider goat we were talking j consider goat we were talking about meta lay offs and other big companies and the collapse of silicon valley bank, do you think that maybe this is finally the paint might be over in the next quarter was in marked nothing i have seen in the data is suggesting that and we have just heard from a handful of tech companies in the last week or so and they are pointing into weakening fundamental trends and we see this slow down and you alluded to this, these companies spent the better part of the last two years open up new business lines and facilities and hire new people and they can t quite follow past enough to keep up with the slowdown. follow past enough to keep up with the slowdown. there is no reason the with the slowdown. there is no reason the micro with the slowdown. there is no reason the micro