US STOCKS-Tech rally lifts S&P 500 and Nasdaq as Fed rate cut bets grow
The S&P 500 and the Nasdaq were higher on Tuesday, lifted by tech shares, as growing bets on interest rate cuts offset caution ahead of key inflation data later this week.
The information technology sector led the market with a roughly 1.4% advance, driven by Nvidia’s 3% rise to a more-than-one-week high and a 5% jump in Dell Technologies.
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Read MoreThe Burst
Under-the-Radar Australian Stock Up 62%, Now What?
Boasting an impressive 62% gain in its stock price this year, Atlassian has become the darling of investors with an affinity for enterprise software. The Ozzie company seems to be back in vogue, buoyed by rejuvenated revenue growth.
So, is there more juice to squeeze out of this tasty stock?
Read MoreThe Ivy
Is This Magnificent 7 Stock The Next AI Rocket Ship?
A lot of hoopla surrounds AI companies but remarkably Amazon has not been swallowed up by the tidal wave. At least not yet.
That may be about to change because Claude, its proprietary AI, has the potential to integrate into the Amazon ecosystem to drive efficiencies, accuracy, customer satisfaction, and most importantly financials.
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