Why a top bank says tech could be a clear winner even as the sector flails in 2025

Why a top bank says tech could be a clear winner even as the sector flails in 2025

Angela Weiss/AFPTech stocks typically outperform in the recovery phase of a bear market, Barclays says.The sector can deliver over 30% returns a year after bottoming out. Tech has been among the hardest hit sectors in this year's steep sell-off. Excessive valuations and trade war jitters have crushed tech stocks this year, but there's still a reason to bet big on the bruised sector, Barclays said.In a note to clients on Tuesday, the bank cited t…

Tariffs Push Chinese, US Tech Firms to Consider Turkiye as New Production Base

Chinese technology companies are increasingly seeking to relocate their production operations to Türkiye in response to U.S. tariff hikes, according to Aydin Mistacoglu, chairman of AGM, a subsidiary of Mistacoglu Holding and the local producer of Chinese smartphone brand Oppo. U.S. firms currently manufacturing in China are also exploring production partnerships in Türkiye, he added. “On one hand, Chinese tech firms are knocking on our doors. O…

Chinese, US tech firms eye Türkiye for production shift amid Trump tariffs, sector tycoon says - Türkiye Today

Chinese technology companies are increasingly seeking to relocate their production operations to Türkiye in response to U.S. tariff hikes, according to Aydin Mistacoglu, chairman of AGM, a subsidiary of Mistacoglu Holding and the local producer of Chinese smartphone brand Oppo. U.S. firms currently manufacturing in China are also exploring production partnerships in Türkiye, he added. “On one hand, Chinese tech firms are knocking on our doors. O…