Top Strategist Says Investors Are Overlooking Europe's 'Kill Switch' For US Tech— What It Means For Zoom, Microsoft, Cisco - Amazon.com (NASDAQ:AMZN), Cisco Systems (NASDAQ:CSCO)
Matthew Tuttle, CEO of Tuttle Capital Management, warned that investors may be underestimating a growing shift away from U.S. assets, particularly large technology firms, as Europe and other regions move to reduce dependence on American platforms and policies.In a note released on Monday, titled “Europe Just Started Building a ‘Kill Switch’ for U.S. Tech – And the Market Isn’t Priced for It,” Tuttle pointed to what he described as a growing push by governments and corporations to build alternatives to U.S.- ...