Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment
So a storm came and swept all the stocks off their feet the past week. Will it persist this week with a blue Tsunami, or will stocks show a meaningful recovery from the haemorrhage? Yes we should not panic indeed, the whole AI thesis is not broken entirely, however there are indeed a lot of headwinds to overcome. It's $Cisco(CSCO)$ , $Applied Materials(AMAT)$ , $CoreWeave, Inc.(CRWV)$ and $NEBIUS(NBIS)$ turn to prove that they can withstand and overcome these headwinds.
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
US stocks surged to an epic level! But with technology stocks diverging into two levels, what's the safest way to invest now?
Little tigers, last night, all three major US stock indexes closed higher! The Dow Jones Industrial Average surged an epic 3%, surging over 1,500 points!
Most major tech stocks rose, with Microsoft and Amazon rising more than 6% in after-hours trading, Apple rising more than 5%, and Google rising more than 3%!
However, Tesla, Nvidia, and SPCX fell by more than 3% in after-hours trading. In addition, the storage and optical communications sectors suffered heavy losses, with SanDisk falling nearly 8% in after-hours trading, Micron Technology falling 7%, and Western Digital falling more than 6%!
So why are US tech stocks diverging into two levels, and how should we invest safely now?
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