Page 22 - Technology Select Sector News Today

Here are a few tech ETFs that could be up for gains in the ongoing AI transition process.

Tech stocks have taken the market by storm in 2023 as investor excitement about AI soars, and semiconductors are increasingly in the spotlight....

Exchange-traded funds tied to the AI boom might be outperforming this year, but momentum is shifting as investors weigh the tech-fueled hype and higher rates.

Both central banks are expected to hold their benchmark policy rates.

Need to Know: Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs Need to Know August 22, 2023 View in Web Browser Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs By Barbara Kollmeyer Critical information

The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq.

A bullish tech analyst says a strong earnings report from NVIDIA, fueled by AI dominance, will rekindle a rally in the tech sector.

We expect inflation and rates to remain higher than the last decade. We favor tech within growth and cyclicals within value.