FAANGer danger: big tech takes a beating

Jan Petrovsky, The Economist's business editor, dives into the tumultuous world of big tech as stocks face steep declines. He discusses how investors are reevaluating tech giants like Netflix and Meta, forcing them to adapt quickly to a changing market. The conversation touches on competition intensifying as companies shift their strategies to please consumers. Petrovsky also draws parallels between current market volatility and the lead-up to the 2008 financial crisis, emphasizing the need for resilience in the tech sector.