Last year's tech sell-off led many of the world's most valuable companies to experience substantial stock declines as economic headwinds were followed by reduced consumer spending. Amazon (NASDAQ: AMZN) and Advanced Micro Devices (NASDAQ: AMD) stocks fell 49% and 55% throughout 2022, alongside revenue declines in their e-commerce and PC component businesses. Amazon shares have increased 14% and AMD's 17% year to date, with signs of the market recovering prompting an attractive time to invest in one of these tech giants. Read More...
Last year’s tech sell-off led many of the world’s most valuable companies to experience substantial stock declines as economic headwinds were followed by reduced consumer spending. Amazon (NASDAQ: AMZN) and Advanced Micro Devices (NASDAQ: AMD) stocks fell 49% and 55% throughout 2022, alongside revenue declines in their e-commerce and PC component businesses. Amazon shares have increased 14% and AMD’s 17% year to date, with signs of the market recovering prompting an attractive time to invest in one of these tech giants.
