At the beginning of this year, the world of technology stocks has seen a dramatic plunge. As fear of a global economic slowdown has come into play, investors have been scrambling to offload their investments in tech companies. The share prices of companies such as Apple and Microsoft have plummeted by up to 10%. This is in stark contrast to the booming stock prices seen just a year ago. Even some of the ‘unicorn’ companies such as Uber have not been spared, with their equity prices falling by an estimated 16%. The massive tech sell-off has been attributed to a number of factors. Firstly, the market fears of an impending global recession have become more of a reality than an uncertainty. This has seen a shift in investor sentiment to a much more risk-averse approach to investments. Secondly, it is thought that some of the major tech companies such as Google and Facebook may have reached the peak of their success in terms of stock prices and growth. Therefore, investors are looking for more value elsewhere. Finally, concerns over various technologies, such as artificial intelligence, machine learning and blockchain, have caused investors to have doubts. This has had a direct effect on the performance of the tech industry, as the doubts have spread throughout the industry as a whole. This technology sell-off has been felt around the globe, with major tech companies and startups alike being affected. However, despite this, there is still optimism that this downturn may only be temporary and that tech companies may soon be back on the rise and reigniting investor confidence. It remains to be seen how the tech industry will fare in the future, but it is clear that investors will not overlook the warning signs and will remain cautious when making any further investments. In the meantime, the tech companies will have to fight hard to maintain the value of their stocks, and persuade investors to stick with them for the long-term.