Reported about 1 year ago
Despite a chaotic presidential debate, tech investors are maintaining confidence in companies like Nvidia due to the unchanging tech landscape under both candidates, strong profits and cash flow outlook for tech stocks, and AI companies' resilience to political concerns. While the debate raised concerns and lacked focus on tech regulation and AI, megacap tech companies like Nvidia, Apple, and Microsoft saw stable or slight declines in their stock prices. Experts like Goldman Sachs portfolio manager Brook Dane and Bradesco's head of equity strategy Ben Laidler believe the election is a non-event for investors, with AI companies poised for success in the coming years as technology continues to advance.
Source: YAHOO