Are Investors Ditching Tech? - Market Outlook (Ep. 11)
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Are Investors Ditching Tech? - Market Outlook (Ep. 11)
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This past week in the stock market was defined by a tech pullback, especially in AI, following weak guidance from Broadcom and concerns over Oracle's cloud/AI spending, leading to profit-taking in big tech like Nvidia, though the Dow and small-caps showed strength, hitting new highs as investors rotated into value/cyclical stocks. Also, the Federal Reserve's gave us that widely expected interest rate cut.
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