Gene Munster, analyst on the tech sector at Piper Jaffray, said the initial beating in tech shares had created a "rare opportunity to buy the fear." The tech sector holds the lion's share of an estimated $2.5 trillion held by US firms overseas. More broadly, O'Donnell said the tech sector may get "a fresh look at the kinds of services and technologies that people want to invest in" under Trump. Tech leaders clashed with Trump during the campaign on issues ranging from law enforcement surveillance to immigration to gay rights. Meanwhile Dex Torricke-Barton, a former Facebook and Google executive, quit his job at SpaceX to work for social causes after news of the Trump election.

Source: The Nation Bangkok November 27, 2016 05:59 UTC