As inflation slows, have we just seen the bottom for technology stocks? •

While the world digesting the fact that FTX could go to zero, Elon Musk continues to make headlines with changes to Twitter policy – sometimes seemingly on the fly – and the results of the US midterm elections are still trickling in, there could be a fair wind blowing for technology companies.

This morning, the United States released new inflation figures, with CNBC reporting that the consumer price index, or CPI, rose 0.4% in October and 7.7% from the same month a year ago. Given the expectations of 0.6% and 7.9% growth respectively, the report was regarded as unexpectedly positive news.

The Exchange explores startups, markets and money.

Read it every morning on or get The Exchange’s newsletter every Saturday.

Why? Because if inflation cools, the rate at which the US Federal Reserve raises interest rates could slow down. Slower rate hikes would shift the calculus for investors, making assets like stocks — and especially technology stocks — more attractive and more conservative investments relatively less so.

Shreya has been with for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider, Shreya seeks to understand an audience before creating memorable, persuasive copy.