The tech industry refers to the sector of the economy that is involved in the development, production, and distribution of technology-related goods and services. This includes a wide range of activities associated with information technology, electronics, software development, telecommunications, and the internet. Companies in the tech industry can range from large multinational corporations to small startups and include entities that create hardware (like computers and smartphones), develop software applications, provide IT services, and engage in digital innovation. The tech industry plays a crucial role in driving economic growth, influencing consumer behavior, and transforming various aspects of daily life through advancements in technology. It is characterized by rapid change, innovation, and a strong emphasis on research and development.
The Rise of Nebius Group Citron Research's Andrew Left recently made headlines by shorting MicroStrategy, a company heavily invested in Bitcoin, claiming that its stock no longer reflects Bitcoin's fundamental…