A September to Forget for Tech 9/29/23
TechCheck
English - September 29, 2023 18:08 - 5 minutes - 5.49 MB - ★★★★★ - 51 ratingsTechnology Business Investing disruptors cnbc faang tech technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Amazon Faces New Competition as FTC Takes Aim 9/27/23
As Q3 inches to a close, tech stocks have had a rough end to the summer and a rough ride lower in September. But Apple is really the culprit, because of its oversized weighting in broader. Plus, though China has been a key overhang for the market, there are signs beneath the headlines that American companies are still making inroads, as Nike reports tailwinds from Chinese consumers, and Chinese internet regulators propose relaxing rules on data flows abroad.