With tech stocks still trading at high multiples despite macro uncertainty, Chief Investment Officer Leslie Thompson spoke with Ryan Vlastelica at Bloomberg about why current valuations may not reflect the true risk.

By Ryan Vlastelica

April 14, 2025

Wall Street analysts have yet to dramatically cut estimates for tech-company earnings as US tariffs threaten to upend the industry, sowing widespread doubt over whether stock valuations have come down enough or prices have further to fall.

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