With the American stock market also falling, technology stocks, which had been registering growth, were affected and lost value. Last month’s hike in US interest rates by 0.5% hurt companies in the e-retail and fintech sectors.
Some shares in the segment, such as those of Netflix, had a significant drop. According to a company report, around 200,000 subscriptions were canceled during the first three months of 2022, causing the stock to drop by around 30%.
In the case of Apple, the iPhone maker lost the post of the most valuable company in the world to the oil company Saudi Aramco in May. The devaluation of the American company brought down its market value of US$ 2.3 trillion.
But, despite this, Brazilians continue to be interested in the shares of technology companies. And to answer whether this is a good time to invest in this segment or not, on the one hand, Oliver Mizne, co-founder of Geocapital who defends buying shares now, and on the other hand, Filipe Ferreira, CFO of Comdinheiro, who sees be careful with investments in this sector.
“The Great Debate – Investments” will always have the presence of two specialists with opposing views to debate the pros and cons of different investment options and solutions, as well as topics from the world of personal finance and the financial market.
The attraction is weekly and airs on Mondays at 8:50 pm.
*Posted by Ana Carolina Nunes
Source: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
