Is the Party Over for Tech Stocks?
21-Mar-18 07:45
Embed Podcast
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
Close
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
This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.
Categories:
Tags: Facebook, Tech Stocks, FAANG Stocks, Big Data, Data Privacy, FOMC, US Tariffs