• Tech companies most likely to be hurt as the government shutdown drags on

    5 monthes ago - By ETF Daily News

    From Jordan Novet :
    Companies like Oracle, Microsoft and Red Hat all rely on government work for revenue, analysts say.
    As the government shutdown drags on, these companies could take a hit to their revenue.
    Technology companies that work with the U.S. government could get hit as the shutdown over a border wall continues, some analysts say.
    It's not the only way the government shutdown, which began on Dec. 22, could affect the technology industry, though. Two technology companies seeking to go public, Lyft and Uber, are awaiting feedback on confidential filings from the U.S. Securities and...
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