Europe just started building a 'kill switch' for U.S. tech
Summary
Morningstar/MarketWatch reports Europe is starting to build a 'kill switch' for U.S. tech, raising regulatory risk for American tech firms operating in Europe. A strategist cautions that markets have not priced in this level of regulatory risk, implying potential volatility for tech stocks with multinational exposure. The piece discusses policy mechanisms, sovereignty considerations, and implications for cloud, data flows, AI, and cross-border tech investments.