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Are tech giants ‘sunsetting’? Strategists warn of big tech under pressure

Are tech giants ‘sunsetting’? Strategists warn of big tech under pressure
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Investors looking to put money into U.S. and China internet giants should be cautious as these companies are facing a myriad of challenges, strategists told CNBC.

Investment bank Macquarie said large consumer tech companies like Facebook and Amazon are in the “sunsetting” phase…

To read more: https://www.cnbc.com/2022/02/14/us-china-tech-giants-under-regulatory-pressure-competition.html?__source=iosappshare%7Cnet.whatsapp.WhatsApp.ShareExtension

SOURCE: CNBC

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