{"id":83224,"date":"2022-11-28T02:13:04","date_gmt":"2022-11-28T07:13:04","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83224"},"modified":"2022-11-28T02:07:31","modified_gmt":"2022-11-28T07:07:31","slug":"techs-reality-check-how-the-industry-lost-7-4-trillion-in-one-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2022\/techs-reality-check-how-the-industry-lost-7-4-trillion-in-one-year.html","title":{"rendered":"Tech\u2019s reality check: How the industry lost $7.4 trillion in one year"},"content":{"rendered":"\n<p>(CNBC) <\/p>\n\n\n\n<p>It seems like an eternity ago, but it\u2019s just been a year. At this time in 2021, the <a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\">Nasdaq Composite<\/a> had just peaked, doubling since the early days of the pandemic. <a href=\"https:\/\/www.cnbc.com\/quotes\/RIVN\/\">Rivian\u2019s<\/a> blockbuster IPO was the latest in a record year for new issues. Hiring was booming and tech employees were frolicking in the high value of their stock options. Twelve months later, the landscape is markedly different.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/25\/techs-reality-check-how-the-industry-lost-7point4-trillion-in-one-year.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) It seems like an eternity ago, but it\u2019s just been a year. At this time in 2021, the Nasdaq Composite had just peaked, doubling since the early days of the pandemic. Rivian\u2019s blockbuster IPO was the latest in a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83224","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83224"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83224\/revisions"}],"predecessor-version":[{"id":83225,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83224\/revisions\/83225"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}