How homebuilder stocks, cruises, and Chipotle are outperforming tech

The tech stock boom of 2023 is getting some of its thunder stolen by unlikely rivals – from tourism, real estate and food industries.

Meanwhile, Apple and Microsoft stocks have gained 45% and 38% respectively so far this year despite benefiting from the strongest investment theme of the year – the rise of artificial intelligence. Apple and Microsoft – the two biggest companies in the world by market value – trailing non-tech names in the stock market seems to support the argument of some market experts that the tech-share surge is overhyped and overstretched.warned last month that the AI-focused investor frenzy in the tech sector reminds him of the dot-com bubble of the late 1990s. Bank of America Global Research's CIO Michael Hartnett and TAM Asset Management's CIO James Penny too have expressed similar views.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

A Soft Corporate-Earnings Season Poses Next Test for Stock Market RallyInvestors look to earnings reports for insight into how corporate profits are holding up against inflation and constrained consumer demand
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Asian Stock Market: Remains mixed amid sheer fall in China’s PPI, oil correctsMarkets in the Asian domain have shown a decent recovery on Monday despite a sheer slowdown in China’s consumer and Producer Price Index (PPI) and wag
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »

Forex Today: Stocks Slip on Chinese Inflation DataChinese CPI at Zero; Stock Markets Lower; Yen, Aussie Weaken; USD/JPY Rising Again
Fonte: Daily_Forex - 🏆 567. / 51 Consulte Mais informação »

U.S. stock futures retreat as inflation data and earnings season loomStock futures were lower as the poor sentiment of recent sessions remained.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »