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Startup bubble fueled by Fed cheap money policy finally burst in 2023

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[ad_1] Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking spaces were no longer … Read more

Tech stocks wrap up 2023 rally after last year’s slump

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[ad_1] Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 up 43%, its best year since 2020, which was narrowly higher. … Read more

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