AI Trade Returns – The US Technology Sector Recovers as Corning, Intel & Marvell Lead the Rally!
Reading Time: 3 minutes
The AI trade is recovering as fears of Iran ease – Nasdaq-100 futures rise by 0.4%. Corning, Marvell, Intel, and Micron lead the rally, while Broadcom benefits from a $30 billion investment by Apple. In contrast, AstraZeneca, Levi Strauss, and Salesforce fall against the trend. The Fear of the Iran Conflict Diminishes The trading in AI stocks makes a comeback on Thursday: After investors overcame their worst fears surrounding the renewed tensions between the USA and Iran, prices turn positive. Futures on the tech-heavy Nasdaq 100 show slight...
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