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Tech stocks have showed remarkable resilience in 2023 in the face of rising interest rates and an uncertain economic outlook. The tech-heavy NASDAQ index is up over 14% year to date through April 11.
The growing dissonance between tech earnings estimates and stock prices … why Luke Lango believes the Fed is about to pivot … another story for our “commercial real estate watch” segment
The fallout from Silicon Valley Bank's collapse has spurred mixed narratives as to where policy and markets are headed.
While investors have flocked to tech in the market shakeup amid recent banking turmoil, the rotation is at odds with analyst calls for the steepest drop in quarterly profits for the sector since at least 2006.
Of the top five PC makers analysed in the reports, Apple saw the largest drop with a fall of more than 40%. That was followed by Dell with a drop of around 31%