The tech layoffs are a result of Big Tech's push for more, now their employees are paying the price.
With a total return of 299% over the past 10 years, the Nasdaq Composite Index has had a great run. Amid the Nasdaq bear market, astute investors are finding lucrative opportunities out there. Without a doubt, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is one of them.
2023 is just getting started, but the buzzword of the year in the tech world is already clear. Big tech firms can't stop talking about AI, and it's easy to see why. OpenAI's launch of ChatGPT has transformed the public's perception of what artificial intelligence is capable of, and the potential applications for the business world and beyond are vast.