The Tech Hangover: Why Wall Street Just Slammed the Panic Button
By Evelyn Hartwell · 5 min read
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The silence in a trading room during a sell-off is heavier than the noise of a rally.
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It isn't just one bad headline.
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For the last year and a half, the 'Magnificent Seven' have been the only game in town.
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When Alphabet reported massive capital expenditures without a corresponding explosion in search or cloud margins, the market didn't just yawn—it recoiled.
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While most retail investors are looking at their iPhones and seeing red, the real drama is happening in the currency markets.