Wedbush: US technology giants will usher in a "strong" third-quarter earnings season, with stock prices expected to rise another 20% next year.
Wedbush Securities stated that after the "strong" third quarter earnings season in the technology industry, the ai revolution and the rebound of digital advertising will drive technology stocks higher in the last quarter of this year.
Technology stocks are experiencing another outbreak, igniting market bullish sentiment. Grasping intra-day rotational opportunities remains crucial.
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The chip company's financial report season has kicked off, as "polarization" sweeps the industry: demand for ai chips explodes, while non-ai products are all declining.
Semiconductor equipment giants led the decline last week, underperforming the entire US chip sector; Gabelli expects this divergence to persist in the long term.
What signal? Goldman Sachs: "Smart money" is flowing into technology stocks at the fastest pace in five months!
The global hedge fund known as the "smart money" went on a "crazy buying spree" of American information technology stocks such as semiconductors and hardware up to last Friday (the 18th), the fastest pace in five months. Goldman Sachs's institutional brokerage department stated that portfolio managers have been net buyers of American information technology stocks for the third consecutive week.
AI, Digital Ad Rebound to Push Tech Stocks up After 'Robust' Q3 Earnings Season: Wedbush
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