Forbes Daily: Rate Cut Drives Delayed Rally For Tech Stocks And Beyond
Stocks soared Thursday as markets digested the Federal Reserve ’s first rate cut in over four years, following a choppy Wednesday trading session. The Dow Jones Industrial Average rose 1.3% by close, the S&P 500 rose about 1.7% and the tech-heavy Nasdaq surged roughly 2.5%.
As was the case in 2023, the information technology and communications services sectors, year-to-date through mid-July 2024, ...
With the artificial intelligence (AI) market expected to triple in size through the end of the decade, investors who choose ...
Information technology’s share of the S&P 500’s total market value has been shrinking, but other sectors will take up the ...
Historically, technology has been a ripe field to look for monster winners in the stock market. The Nasdaq-100 Technology Sector index returned 411% over the last 10 years (including dividend ...
The technology industry is set to experience solid growth owing to advanced innovations and increased government support.
That news is behind the surprising strength in shares of Intel stock (up 3% through 11:10 a.m. ET), and in Alphabet (up 1.8%) ...
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
One of the fascinating things about the taxation situation, EU, M&A stuff that they’ve hit, monopoly, is that it’s tech. I’ve never seen like Pepsi. You know what I’m saying? It’s never Walmart or ...
Tech stocks like Payfare and Docebo trade for lower than consensus price target estimates and might be excellent picks for ...
Portfolio manager Scott Rosenthal believes Big Tech valuations are untenable. He shares 4 bargain stocks that the market is ...
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