Home » World » Big Tech is still braving the storm Big Tech is still braving the storm July 30, 2022 by world today news High inflation, lower consumption, a strong dollar – dark clouds are gathering over the American economy. The tech companies are still well positioned, but problems are already emerging at Amazon and Meta. — – Thanks to the iPhone and new service offerings, Apple seems to be in a robust position right now – this is not true of all big tech companies. Fresh Mike / X90033 – Is the US falling into a recession? The question is currently driving economists and investors around the world. The quarterly figures of the country’s large technology companies were expected to provide clues to an answer this week. With a combined market value of $8 trillion, Apple, Amazon, Microsoft, Alphabet and Meta are the driving forces of the American economy. As is well known, when there is a crisis in Big Tech, the rest of the world’s largest economy soon falters too. – Related posts:It is up to us to break the backbone of foreign bodies in BSP! - 2024-07-30 21:49:19Ukrainian Forces Expel Russian Forces from Some Locations in BakhmutIran proposes to be an alternative to the congested Suez CanalOPINION: Domestic violence severely affects the Latino community 7 People Killed in ‘Strange’ Rain in United Arab Emirates AC Milan: Who is Charles De Ketelaere, the star they bet on all this summer Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: