Tech Stocks Surge As Investors Eye Fed Rate Cut

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 45 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 53%

Technology News

Tech Stocks,Fed Rate Cut,Interest Rates

Shares of tech companies like Nvidia, Microsoft, Amazon, and Apple climbed Tuesday amid growing confidence that the Federal Reserve will announce a significant interest rate reduction at its upcoming meeting. Investors are betting that a cut would stimulate economic growth and boost corporate profits.

rose Tuesday, amid growing confidence that the Federal Reserve will end its latest policy-setting meeting with a hefty interest rate reduction.) stock rose 6.7% after the US semiconductor group said that its contract manufacturing unit had signed a deal to make custom artificial intelligence chips for) stock rose 1.6% after the software giant’s board approved a new share buyback program worth up to $60 billion and raised its dividend.) stock fell 3.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks @ Night: Kroger, Amazon, Nvidia Surge as Investors Eye Consumer SpendingCNBC's 'Stocks Night' dives into the market action with a focus on consumer trends and key sectors. Kroger's strong performance reflects shifts in spending habits, while Amazon and Nvidia continue their upward trajectories.
Source: NBCLA - 🏆 319. / 59 Read more »

Asia-Pacific markets set for lower open as investors assess Nvidia results, monitor Asia tech stocksInvestors in Asia will look to stocks in the region that are related to or on Nvidia’s value chain, such as chipmakers and tech stocks.
Source: nbcchicago - 🏆 545. / 51 Read more »

Investors buying Big Tech stocks and Treasuries ahead of a potential Fed rate cutFrank Holland breaks down what investors are watching as the trader week begins.
Source: CNBC - 🏆 12. / 72 Read more »

Investors may need to get more pessimistic before selling capitulates and stocks bottomInvestors haven’t become super pessimistic on stocks since the recent volatility bout began. That could be a bad thing.
Source: CNBC - 🏆 12. / 72 Read more »