Reported about 2 months ago
Following a significant selloff on August 5, tech stocks have rebounded strongly, with major companies like Nvidia and Apple experiencing substantial gains. This recovery is fueled by positive economic data and continued investor interest, despite lingering concerns about valuations and the future impact of artificial intelligence. The Nasdaq 100's recent rally signals renewed confidence in Big Tech as a blend of growth and defensiveness in the current market landscape.
Source: YAHOO