Rate Squeeze Punishes Once-Triumphant Tech Stocks

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Big tech stocks like Meta and Amazon, once investor favorites, have been sidelined as rising interest rates shift investors’ tastes, explains qtwebb WSJWhatsNow

The technology sector used to be an investor favorite, but investments that produce large payouts now are taking priority

As markets react to inflation and high interest rates, technology stocks are having their worst start to a year on record. WSJ’s Hardika Singh explains why the sector — from tech giants to small startups — is getting hit so hard. Illustration: Jacob Reynolds

 

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