Macro factors loom over tech sector amid sparse optimism


Among the titans, Alphabet, the parent company of Google, has seen its share price falling 39% to close at US$88.45. — Reuters

THE technology sector, which experienced a massive rout worldwide in 2022 and is still going through a selldown, remains a sector that is being closely watched.

Like a floored boxer trying to get off the canvas back on his feet, it is attempting to make recovery moves but lingering macroeconomic concerns are landing further punches.

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Google , headwinds , Amazon , chips , outlook

   

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