Big tech is hiding a crash in the rest of the sector
Zoom, Twitter, Pinterest and Robinhood are all down sharply — but the five big tech giants' all-time highs are masking the damage inside the popular tech funds.
Zoom, Twitter, Pinterest and Robinhood are all down sharply — but the five big tech giants' all-time highs are masking the damage inside the popular tech funds.
This analysis was first published in SvD Näringsliv, in Swedish, on January 28th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. First the Capitol was stormed by users from internet forums. Now it’s Wall Street’s turn. The Gamestop story is a perfect storm of pent-up anger and risky financial instruments that are now traded at the touch of a button. In the early 2000s, the American journalist […]