Tech's downturn is mostly the result of trends outside the industry

But the relative return investors could get by putting money into far less risky alternatives to tech stocks skyrocketed in a matter of months — from zero to as high as 4%.

The biggest global tech manufacturers put most of their eggs in China's basket over the past two decades. Even the hint of a default on U.S. debt obligations could sow financial turmoil and raise the cost of borrowing all around — throwing a giant wrench in tech's, and everyone else's, recovery dreams.Big companies often feel good about divided government, thinking that paralysis in D.C. limits government meddling.

Seems like there's alotta unemployed tech talent and alotta VC's looking to put thier money somewhere. Should be alotta opportunities for inovation and competition 🤷🏻‍♂️

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silicon Valley Central Chamber CEO Christian Malesic to exit role after two years - Silicon Valley Business JournalThe board of directors for the Silicon Valley Chamber of Commerce, which used to be called the Santa Clara Chamber of Commerce, has formed an internal search committee to find Malesic’s replacement.
Source: svbizjournal - 🏆 334. / 59 Read more »

Noncompetes, SBA lending and the other federal rules that could impact small businesses in 2023 - Silicon Valley Business JournalThe federal government is flexing its administrative muscles in 2023, and its new rules could have significant effects on employers and small businesses.
Source: svbizjournal - 🏆 334. / 59 Read more »