Tech sector pressures could be 'good news,' strategist says

preview_player
Показать описание
The tech sector (XLK) is under pressure as investors await Nvidia's (NVDA) highly anticipated second quarter results. Concerns are mounting over whether the semiconductor giant can meet Wall Street's lofty expectations. Principal Asset Management chief global strategist Seema Shah joins Morning Brief to discuss the market outlook and what future interest rate cuts could mean for the tech sector.
Shah notes that the second quarter earnings season has shown that the strong earnings performance, once concentrated within Big Tech, has "started to broaden out to other sectors." She interprets this as a reflection of healthy economic growth and "a healthy improvement in the market," adding that "this is good news."
"What we generally want to see, though, for a healthy equity market, is that you're seeing performance that is spread out across a number of sectors rather than just being driven... by the Magnificent Seven or a couple more tech companies," Shah explains.
#news #youtube #stockmarket

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Follow Yahoo Finance on social:

Рекомендации по теме
Комментарии
Автор

Just watched your video discussing AWS08M and I am very excited about this

AnthonyGary-db
Автор

It is very hard to see project which can be used in real life like AWS08M 🥳🥳🥳

benquashatlv
Автор

Bought AWS08M after watching your video, super excited! 💰

lewisxxj
Автор

Tech sector under pressure? Maybe they just need to reboot.

AnthonyJames
Автор

Thanks for the advice! Got AWS08M, feeling bullish! 🚀

reginatang
Автор

Appreciate the tips! Got AWS08M, predicting big returns. Major exchanges confirmed!

Kenelmngo-pm
Автор

Thanks for the insights! Bought AWS08M, predicting big returns! 📈

MurphyTô-bmurphyuzg
Автор

Appreciate the analysis! BTC’s reliability and ETH’s scalability improvements are key. SHIBA’s active community adds excitement. Based on these, I’ve invested $5, 000 in AWS08M. Looking forward to its growth! 🚀

hughesx
Автор

Appreciate the tips! AWS08M is going to 5x! 🚀

awildashreya
Автор

Appreciate the advice! Bought AWS08M at $1, holding for 10x gains. Major exchanges like Coinbase, Bybit, and Binance are set to list it soon. Your insights always lead to great investments. Excited about this opportunity, thanks for the tip! Looking forward to significant returns!

josemai
Автор

Thanks for the insights! BTC’s stability and ETH’s upcoming updates are encouraging. DOGE has strong community support. I see a great opportunity in new cryptos, so I invested $5, 000 in AWS08M. Excited for its future! 🚀

hakidonmuyatuffin
Автор

AWS08M will change the crypto game forever! 🌍

aneurinpm
Автор

Great video! BTC’s institutional backing and ETH’s upgrades enhance their value. DOGE, despite volatility, has momentum. I think there’s a chance in new cryptos. I’ve put $5, 000 into AWS08M. Anticipating great results! 🚀

esperanzamxnd
Автор

Thanks for the insights! Grabbed AWS08M, expecting 10x returns. Big listings confirmed!

odettemohini
Автор

Bought AWS08M after watching your video, super excited! 💰

lewisxxj