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Friday Showdown: Markets Brace For Fed's Preferred Inflation Data While July Interest Rate Hike Bets Surge - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), PDD Holdings (NASDAQ:PDD), Broadcom (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), American Express (NYSE:AXP), SPDR S&P 500 (ARCA:SPY), Marvell Tech (NASDAQ:MRVL)

The Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) price index for the month of May, will be released Friday.
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'AI Gold Rush' Triggers Onset Of Tech Bull Market, According To Analyst: '4th Industrial Revolution' Has Begun - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Snowflake (NYSE:SNOW), C3.ai (NYSE:AI), Oracle (NYSE:ORCL), MongoDB (NASDAQ:MDB), Microsoft (NASDAQ:MSFT), SPDR Select Sector Fund - Technology (ARCA:XLK), Amazon.com (NASDAQ:AMZN), Salesforce (NYSE:CRM), Palantir Technologies (NYSE:PLTR)

Tech stocks have been on a dream run this year, with the likes of Nvidia Corp. (NASDAQ:NVDA) and Meta Platforms, Inc.
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