DEFINITION of ‘Tech Street’
A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
BREAKING DOWN ‘Tech Street’
While reading the financial news, you may see a headline along the lines of “Bloodbath on Tech Street,” referring to a large sell-off in the tech sector. Such terms are often used in the financial industry as metonyms or shorthand for specific stock exchanges and industry sectors. For example, the terms “Wall Street,” “Bay Street” and “Dalal Street” refer to the stock exchanges in the U.S., Canada and India, respectively.