The Big Tech Show: How Will Plunging Tech Stocks Affect Your Pension and Salary?

Technology stocks have plummeted over the past week. Companies such as Apple, Google, Microsoft, Tesla and Amazon each lost between 120 and 200 billion euros in market value.

Some others, like Zoom and Netflix, are even worse, having lost between two-thirds and three-quarters of their value.

What the hell is going on? Are we all suddenly rethinking what we think these tech companies are worth? Or is something else causing those ratings to slide?

Could it affect your pension? Or, if you work for a tech company, your salary?

And what on earth is happening to parts of the crypto market?

Tech editor Adrian Weckler will be joined by Jon Ihle, deputy business editor of the Irish Independent, to discuss the topic.

 

Source: independent

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