# UBS On-Air: Paul Donovan Daily Audio 'Tech vibes'

Page: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-tech-vibes
Text version: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-tech-vibes.md
Podcast: [UBS On-Air: Market Moves](https://stenobird.com/podcast/ubs-on-air-market-moves-2992243)
Published: 2026-06-26T07:26:00+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/260626-tech-vibes.mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/260626-tech-vibes.mp3
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JSON: https://stenobird.com/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/ubs-on-air-paul-donovan-daily-audio-tech-vibes
Duration seconds: 199

## Resource

Technology stocks have had another episode of weakness, with trading in the South Korean market suspended after an 8% decline. This is still not enough to change perceptions of consumer spending —yesterday’s US data was a reminder that monthly cash savings have provided the resources to support consumer spending. However, a moderation of real world investment in tech does have economic implications, not least because tech investment has cannibalized non-tech investment.

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## Transcript

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