Stage is set for Nasdaq, tech stocks to move higher: Wedbush

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 87 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 53%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Stage is set for Nasdaq, tech stocks to move higher: Wedbush

The Nasdaq and tech stocks are poised for significant gains heading into year-end, driven by the accelerating AI revolution, according to a recent note from Wedbush analysts.Despite market volatility, growth concerns, and other macroeconomic challenges, Wedbush believes that the tech sector is on the brink of substantial growth, underpinned by the expanding influence of AI.

The firm emphasized the foundational role of cloud and AI technologies in the ongoing"4th Industrial Revolution."), Google, and Amazon have demonstrated"rock solid" underlying cloud strength, with more enterprises expected to adopt cloud and AI solutions in the next 12 to 18 months.)'s upcoming earnings report on August 28th as a critical moment for tech investors.

Wedbush believes the current AI revolution is akin to the early days of the internet, marking the beginning of a transformative era for tech stocks rather than a speculative bubble. They remain bullish on the sector heading into 2025.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in AE
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jim Cramer's top 10 things to watch in the stock market ThursdayNasdaq futures rose Thursday after the tech-heavy Nasdaq Composite posted its worst day since 2022.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Wedbush: Microsoft earnings to reveal big cloud, AI momentumWedbush: Microsoft earnings to reveal big cloud, AI momentum
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Wedbush: Tech earnings season has bolstered AI revolution thesisWedbush: Tech earnings season has bolstered AI revolution thesis
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »