Last year, the technology sector was the darling of investors, with high-flyers like the “Magnificent 7” — companies such as Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), and Microsoft (NASDAQ: MSFT ) — leading the charge. But this isn’t 2023 anymore. The early winners of the previous year are facing a stark reversal, with tech stocks tumbling from the market’s grace. This shift in sentiment is a wake-up call to the risks of excessive valuations and the tech sector’s vulnerability in a changing economic environment. The tech sector’s descent is emblematic of a broader market recalibration. In previous years, the promise of…
