Big Tech Faces Volatile Trading as Selloff Intensifies

Reported 2 months ago

In the wake of a significant selloff, investors in Big Tech are experiencing volatility as major stocks like Nvidia and Apple see sharp declines. Despite 80% of S&P 500 tech companies exceeding earnings expectations, concerns over future growth, spending on AI, and a potential recession have left many investors cautious. As analysts await next positive market indicators, the Nasdaq 100 trades at increased valuations compared to historical averages, complicating the decision to invest in the current climate.

Source: YAHOO

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