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Nasdaq
Stories and analysis from The Business Now newsroom.
Business
Why AI Chip Stocks Are Powering the US Stock Market While Consumer Giants Struggle
Wall Street opened Thursday with cautious optimism, as investors continued rotating money into artificial intelligence and semiconductor companies while trimming exposure to slower-growth consumer businesses. The broader U.S. stock market traded modestly higher, supported primarily by technology shares. Although major indexes posted only limited gains, investor attention quickly shifted toward one standout performer—Lam Research, whose...
Nasdaq
Why Technology Stocks Are Leading the Nasdaq Recovery: What’s Driving the Market Higher?
As Wall Street navigates a week filled with geopolitical uncertainty, Federal Reserve speculation, and the approaching earnings season, one trend has clearly emerged—technology stocks are once again leading the Nasdaq higher. While investors remain cautious about global events, the technology sector has shown remarkable resilience. Rather than retreating from risk, many institutional investors continue rotating...