Irish Examiner view: Big tech stocks out of date

Big Tech companies have seen significant losses on Wall Street.

Is the golden era for Big Tech stocks coming to an end?

Market frenzy on Wall Street last week after Meta, Facebook’s parent company, suffered the greatest one-day loss in history — some $230 billion was wiped off the company’s value — was countered 24 hours later by a 15% increase in Amazon’s value after the company reported a doubling in quarterly profits.