While many analysts believe that the correction in prices is overdue, the tech industry has been facing mounting challenges in the past weeks.

Uber, a ride hailing company, is still reeling from a series of scandals which led to its chief executive Travis Kalanick announcing his resignation.

Yahoo, once a mighty internet giant, is now officially part of Verizon with the completion of the $4.5bn ($3.5bn) takeover deal last week. CEO Marissa Mayer resigned in its wake, and the UK office laid off dozens of staff last Wednesday.

For years, analysts have warned that the tech bubble is bursting - yet it has persistently defied the odds and continued inflating. But, given the recent choppy water, are we any closer to breaking point?

How big is the current bubble?

Measured by market capitalisation, the top five listed tech companies - Apple, Alphabet, Microsoft, Amazon and Facebook, are currently worth approximately $2.9tn (£2.2tn). This figure has been growing exponentially as stock prices rallied this year.