Big Tech Market Concentration and Surge in Shipping Prices

Reported 9 months ago

The article discusses the increasing market concentration in Big Tech, with data suggesting a sustained pattern. The Drewry World Container Index shows a 250% increase in shipping container prices compared to a year ago, attributed to rising rates due to violence in the Red Sea. Citi Global Markets shares data on election year impacts on sectors. FreightWaves CEO gives insight on increased shipping rates. Clear Space founder discusses the issue of space debris and the development of a 'space tow truck' to clean it up and prevent further debris. The discussion also includes the impact of election years on sectors and indexes, with the tech sector being a top performer in such years.

Source: YAHOO

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