#GlobalTechSell-OffHitsRiskAssets GlobalTechSell-OffHitsRiskAssets
A global tech sell-off has hammered risk assets, including stocks, cryptos, and emerging markets, amid fears of economic slowdown. Tech giants like Apple and Tesla saw shares plummet 5-10% in recent sessions, spilling over to high-risk investments.
Causes include overvaluation concerns post-AI boom, supply chain disruptions, and rising bond yields making safer assets attractive. In crypto, this translated to a $200 billion market wipeout, with meme coins suffering most.
Analysts point to interconnectedness: tech's dominance in