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Tech stocks regain market focus as AI7 giants may lead US stocks to rise
According to news, Kathleen Brooks, an analyst at EU financial brokerage XTB, said in a report that after the ceasefire was announced in the conflict between Israel and Iran, stock investors preferred technology and artificial intelligence-related stocks over defense stocks. Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, and Tesla, the 7 leading tech stocks, or "Magnificent 7," will continue to rise.
Brooks stated: "As the market refocuses on AI trading, these 7 companies are likely to lead the U.S. stock market higher."