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Egyptian team from AUC wins Arab FinTech Challenge at GITEX 2023
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Egyptian Team From AUC Wins Arab Fintech Challenge At GITEX 2023
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investors overall see that coming down the pipe in september, so that again weighing on the market. now, on the microfront, several industries were taking a beating. you mentioned tech being one of them. media also got hit hard, disney, the darling of the media industry got hit hard, 5% down today. that is because investors are reevaluating the entire category, perhaps even more beloved than disney, netflix got hit as well, down about 7%, and this is all tied to the fact that the reality of subscribers moving from an ad-based revenue model to a more fee-generating revenue model, all of that will cause a lot of turbulence in the industry and investors are reevaluating the valuations in that in those particular industries, and tech got pulled down because of similar concerns. you can see it right there, down more than 2%, down more