Here's Why Tech ETFs Will Continue Their Bull Run
- Wall Street Rally: Wall Street is experiencing a significant rally driven by technology stocks, AI craze, and hopes of rate cuts.
- AI Market Growth: The global artificial intelligence market is expected to reach $811.75 billion by 2030 with a CAGR of 36.6%.
- Tech Sector Resilience: Technology stocks are expected to receive a boost when the Fed starts cutting rates later this year.
- Magnificent Seven: The "Magnificent Seven" tech giants, including NVIDIA and Apple, are driving growth in the sector.
- Future Tech Trends: Cutting-edge technologies like cloud computing, blockchain, and 5G will continue to fuel the tech sector's growth.
Get Free Real-Time Notifications for Any Stock
Analyst Views on TINY
No data
About the author
Intel Slashes Staff Ahead Of Q1 Earnings, ETFs Brace For Impact
Intel's Restructuring and Layoffs: Intel is cutting 20% of its workforce as part of a restructuring plan under new CEO Lip-Bu Tan, aiming to enhance engineering capabilities and accelerate innovation in AI and foundry services. The company's upcoming earnings report will be crucial for assessing its turnaround strategy.
Impact on ETFs: Intel's performance is closely tied to several ETFs, including FEPI, TINY, and WISE, which could see significant gains or losses based on the company's earnings and AI strategy amidst competition from rivals like Nvidia and AMD.
ROTH to Host 13th Annual Technology Conference at the Hard Rock Hotel in New York City
Conference Announcement: Roth Capital Partners will host its 13th Annual Technology Conference on November 19-20, 2024, at the Hard Rock Hotel in New York, providing institutional investors the chance to network with executives from around 120 innovative growth companies across various tech sectors.
Event Highlights: The conference will feature pre-arranged meetings, a special presentation on global markets, and has expanded significantly this year, reflecting the increasing interest in technology investments, particularly in areas like AI, cloud computing, and cybersecurity.
