Business Post's View
Editorial: Big Tech wrestles with its first bear market as oil and gas stocks soar
Silicon Valley is taking a trouncing while the volatility caused by Russia’s war on Ukraine has given energy companies a bonanza
It was the week from hell for the global technology industry. As if the sector’s stock market performance wasn’t dire enough already this year, the past few days were especially terrible. The contrast with the oil and gas sector, as analogue an industry as you can get, was striking.
The differing trajectories of these two industries tell us a lot about what investors and governments might be thinking. Tech’s soaraway performance during the pandemic, when ...
