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Tech Stocks on the Move

Barron's Live

00:00

The Tech Sector Is Not Growing Anymore

The view on the street at the moment seems to be this is a temporary problem. PC demand, which soared during the pandemic has kind of collapsed because everyone bought new PCs. Smart phone sales have been a little better than that, but not much. Cloud computing is decelerating by 50% down to like the 20s or the teens.

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