Over the last week, tech stocks have crashed. The likes of Apple, Google, Microsoft, Tesla and Amazon lost between €120bn and €200bn each in their market value. Some others, like Zoom and Netflix, are even worse, down between two thirds and three quarters in value. What the hell is going on? Are we all suddenly reassessing what we think the value of these tech companies is? Or is something else causing these valuations to slide? Could it affect your pension? Or, if you work for a tech firm, your pay? And what on earth is happening to sections of the crypto market? To discuss the issue, tech editor Adrian Weckler is joined by Jon Ihle, deputy business editor of the Irish Independent.See omnystudio.com/listener for privacy information.
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