
5 Business Predictions for 2023 Following the Downward Spiral in Tech
In 2022, one share of Meta Platforms Inc, the parent company of Facebook, Instagram, and WhatsApp, was traded at $378. Less than two months in, the technological juggernaut collapsed to under $89 a share — reaching the trading levels of 2015. But, Meta is not alone. The Nasdaq 100 took a 38% hit from its peak. Layoffs have followed suit across the titans of technology — with tens of thousands of employees losing jobs across Meta, Amazon, Microsoft, and Twitter alone. Heading into 2023, the future is tumultuous. What geoeconomic changes are about to resurface in the new year? Dive… Continue Reading