Billionaire George Soros is betting big on Alphabet

Concerns about the growth of big tech do not apply to George Soros.

The Federal Reserve’s decision to aggressively raise interest rates to combat inflation, which has been high for 40 years, threatens to push the economy into recession, many analysts say.

This inflation, which mainly affects consumers, is a huge problem for the technology sector, as tech products and services are the first to suffer from budget cuts. Consumers tend to limit their discretionary purchases, while companies postpone investments in new hardware, for example.

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