Business
Tech billionaire’s warning: ‘Don’t get greedy’ – The Australian Financial Review
Making money in tech has been a one-way bet as Australian tech stocks have doubled in four months. But earnings season looms as a big test.
No doubt there are Australian investors who feel very clever at the moment.
It’s either a cause for national pride or alarm that the $55 billion boom in Australian technology stocks since the March low has left the Nasdaq tech bellwether and China’s uber speculative ChiNext Index trailing in their wake.
That the S&P/ASX All Technology Index is within striking distance of a market cap of $100 billion showcases how the most jolting economic crisis in generations has ushered in a new generati…
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