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Big Tech Pullback Warnings, Plus UBS downgrades Alphabet 6/26/23 episode artwork

EPISODE · Jun 26, 2023 · 8 MIN

Big Tech Pullback Warnings, Plus UBS downgrades Alphabet 6/26/23

from TechCheck · host CNBC

Analysts have been warning of increased concentration in mega-cap tech for a while, with little impact on those names. Is it time now for a pullback? Plus, UBS downgraded Alphabet today to neutral from buy, saying the stock has limited upside and that it may not be the best way to capitalize on the AI wave. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published Jun 26, 2023

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Analysts have been warning of increased concentration in mega-cap tech for a while, with little impact on those names. Is it time now for a pullback? Plus, UBS downgraded Alphabet today to neutral from buy, saying the stock has limited upside and that it may not be the best way to capitalize on the AI wave.

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Big Tech Pullback Warnings, Plus UBS downgrades Alphabet 6/26/23

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Fortt Knox CNBC Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick. TFE TechCheck: K-2nd Grade Tech News Tech For Everyone Welcome to TechCheck for K-2! Introduce your early learners to the exciting world of technology with our dynamic, bi-weekly news series. We take big, real-world tech events and break them down into fun, bite-sized, and highly visual stories designed specifically for young minds.

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This episode was published on June 26, 2023.

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