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The tech boom is over

Today, Explained

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Wall Street Says, 'Hell No to Tech'

Tech stocks did very well during the pandemic because tech was so important to our daily lives. Wall Street turned changes by and said, no, we don't like that. So that's tech in general. And then specifically at Facebook, Wall Street's concerned about Facebook's growth possibilities are saying, look, you're reaching 2 billion people through Instagram, Facebook, WhatsApp, etc. Seems like it'll be hard for you to grow.

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