The perception of the tech sector as a utility has insulated tech from downturns in the stock market, with investors viewing it as a defensive asset (Bloomberg)
Bloomberg:
The perception of the tech sector as a utility has insulated tech from downturns in the stock market, with investors viewing it as a defensive asset — - Tech stocks are rallying to new highs, pulling up the S&P 500 — But airlines and retailers have crumbled in the past month
via Techmeme
The perception of the tech sector as a utility has insulated tech from downturns in the stock market, with investors viewing it as a defensive asset (Bloomberg)
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July 09, 2020
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