Big Tech's blistering rally lifted the whole stock market in 2023. But that may be about to end - JPMorgan, Morgan Stanley, BofA warn
, each of which has jumped around 98%. Chipmaker AMD rallied 50%, while electric-vehicle maker Tesla rose 35%. Apple, Amazon and Alphabet advanced around 32% each.
Investors have been drawn to tech stocks by their strong run, the buzz over artificial-intelligence since the release of ChatGPT, as well as expectations that the Federal Reserve will soon end its interest-rate increases asBut with the economic outlook turning gloomy and the banking turmoil fueling fears of a credit crunch, analysts including those from big Wall Street banks such as Morgan Stanley, JPMorgan, Bank of America warn that tech stocks are in for a setback.
However, not everyone agrees. There are some, like Fundstrat's Tom Lee, who think the sector's rally still has room to extend. Below is a selection of the latest tech-stock outlooks from Wall Street analysts.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Tech stocks could tumble as earnings recession sets in: Morgan StanleyTech stocks aren't immune to economic pain - and could be the next domino to fall, Morgan Stanley advisor says
Baca lebih lajut »
Trading playbook: Morgan Stanley on what worked during prior debt ceiling negotiationsWatch these sectors for where to trade if a deal is reached between President Biden and Congressional leaders on Tuesday, Morgan Stanley says
Baca lebih lajut »
Morgan Stanley weighs cutting 7% of Asia investment bank jobs-sourceMorgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to a source with direct knowledge of the matter.
Baca lebih lajut »
Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source By Reuters*MORGAN STANLEY WEIGHS CUTTING 7% OF ASIA INVESTMENT BANK JOBS DUE TO COST-SAVING $MS
Baca lebih lajut »
Morgan Stanley downgrades these regional bank stocks, says a short squeeze could be aheadMorgan Stanley analyst warned of potentially big swings for some of the regional banks it covers as the fallout for the crisis continues.
Baca lebih lajut »
Elon Musk Issued Subpoena in Lawsuit Over JPMorgan’s Ties to Jeffrey EpsteinElon Musk is being asked to turn over documents as part of a civil lawsuit by the U.S. Virgin Islands against JPMorgan Chase over the bank’s relationship with Jeffrey Epstein
Baca lebih lajut »