This Tech Giant Was the Worst-Performing Mega-Cap in the Dow Jones Industrial Average in the First Half. Stock to Avoid or No-Brainer Buying Opportunity?
After three years of spectacular gains, technology companies faced a rockier path in the first half of this year — particularly in the first quarter. Investors worried about the pace of spending on artificial intelligence (AI) and whether the revenue opportunity would make it all worthwhile. Turmoil in Iran also weighed on sentiment as energy prices rose and investors carefully watched U.S.