Following this week’s interest rate cut by the US Federal Reserve, shares related to artificial intelligence (AI) applications are once again in the spotlight. Investors are hoping that AI will have a positive impact on the business figures of the key players. With the ERSTE STOCK TECHNO fund, you can invest in the most important companies in future technologies.
The shares of the major US technology companies, which had performed very well for a long time, have also fallen recently. The latest half-year figures left the market with mixed feelings: although the figures were largely as expected, there were hardly any increases in profit expectations. Nevertheless, the outlook remains positive, which for fund manager Bernhard Ruttenstorfer has several reasons.
The topic of artificial intelligence continues to flourish on the stock market. The US chip company Nvidia recently attracted attention with another strong set of quarterly figures. How did the rest of the “Magnificent Seven” fare in the reporting season and what are the plans of the tech giants in the AI sector?
The cloud business of the leading tech companies continues to boom. However, many see the future primarily in the potential applications of artificial intelligence. With billions in investments, Google parent Alphabet and software giant Microsoft want to take a leading role in the trendy topic of AI.
After a three-year pandemic break, the technology industry returned to the renowned electronics trade show CES in Las Vegas. The dominant topics were artificial intelligence and virtual reality. However, extensive staff reduction programs at major tech companies also made headlines recently.
On Black Friday and Cyber Monday, many retailers traditionally draw shoppers with discounts and special offers. In view of high inflation and rising interest rates and their potential impact, the financial markets are looking particularly eagerly to the two big holiday shopping days this year.
Due to fears of recession, rising inflation and interest rates, US technology stocks have come under pressure in 2022. The prospect of falling inflation, fueled by recent data from the US, could put them back on track for growth. We explore the question of whether tech stocks are on the verge of a comeback.
US technology stocks have been subject to high fluctuations recently. Facebook reported significant share price losses. In contrast, Apple, Alphabet, Microsoft and Amazon delivered solid figures. The technology sector should continue to grow in the future.
Investors can make positive and lasting changes by actively participating in general meetings. As demonstrated in the last US presidential election, every single vote counts. Environmental and social issues in particular are becoming increasingly important.
The reporting season is drawing to a close. Most of the companies listed on the stock exchange exceeded analysts’ estimates. The outlook for the future is also optimistic.
