Illustrated Economics: Soaring value of tech stocks - Hawaii News Now - KGMB and KHNL

Illustrated Economics: Soaring value of tech stocks

For this edition of Illustrated Economics, Howard talks about the soaring value of tech stocks.

Bloomberg News reports technology stocks this year have gaining $1.7 trillion in market value!

That's more than Germany's top 30 stocks combined or Canada's entire economy.

It's also more than Pacific Investment Management, the huge fund manager, has done in 46 years.

It's Facebook, Amazon, Apple, and the parent company of Google, Alphabet.

But it's also overseas tech giants like Baidu and Alibaba and Tencent Holding.

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