Reported about 1 month ago
Goldman Sachs analyst Kash Rangan believes that tech stocks can thrive again with a combination of interest rate cuts from the Federal Reserve and innovative growth that surpasses 20% earnings growth. Key companies like Microsoft and Salesforce need to lead in AI innovations to drive this transformation. Meanwhile, signs of potential rate cuts are visible as investors closely watch Federal Reserve decisions amidst concerns of a slowing economy.
Source: YAHOO