While the macroeconomic challenges might mar near-term growth, the tech industry’s long-term prospects look bright amid government initiatives, increasing digitization, and our growing reliance on technology in daily life. So, investors could look to buy fundamentally strong internet stocks, Expedia Group, Inc. (EXPE), CarGurus, Inc. (CARG), and Despegar.com, Corp. (DESP).
The U.S. Department of the Treasury has approved federal funds for multi-purpose community facility projects and broadband infrastructure projects in Delaware and Idaho under the American Rescue Plan’s Capital Projects Fund (CPF).
