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Cryptopolitan 2023-05-27 12:48:30

Tech trade surges because of AI and Fed’s change

Tech sector has witnessed an impressive rally as investors flock to embrace its offerings, buoyed by the promising advancements in artificial intelligence (AI) and an anticipated change in Federal Reserve’s rate hike policy. The Nasdaq Composite reflects this enthusiasm, recording a fifth straight weekly gain and soaring 24% year-to-date, considerably outperforming other major U.S. indexes. ... Read more

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