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Podcast  >  Morning Run  >  Market Watch  >  Is the Party Over for Tech Stocks?

Is the Party Over for Tech Stocks?

Dodge Dorland, Chief Investment Officer, Landor & Fuest Capital Managers, New York

21-Mar-18 07:45

Is the Party Over for Tech Stocks?

Concerns about Facebook’s management of user data sparked a selloff in tech shares on Monday.

Is this the beginning of the end for the tech party?

Zooming into Facebook, its market value has dropped over US$40 billion (RM156 billion) in the space of just two days. That is roughly the size of Jordan or Lithuania's entire economy.

We ask Dodge if this is a buying opportunity for Facebook shares.

We also discuss the expectation of a rate hike following the Fed meeting today and the potential of more tariffs coming out from the US.

Presented by: Joyce Goh

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Tags:  FacebookTech StocksFAANG StocksBig DataData PrivacyFOMCUS TariffsFinancial ServicesEconomy, MarketsPolitics, News, Current Affairs


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