Tech Stocks

Major indices on Wall Street are retreating amid concerns over inflation, as most leading technology companies record price declines, except for one giant that has introduced a new CEO.

An unprecedented growth forecast of 70% has reignited the chip sector and sent the Nasdaq higher, but why does the US bond market continue to signal concern and caution?

Tech stocks led a sharp wave of selling across Asia as concerns over inflated valuations of artificial intelligence companies met with rising oil prices and bond yields. Is the great enthusiasm for AI starting to crack?

The Tel Aviv Stock Exchange closed with declines across both major indices. The TA-35 index fell by 0.2% to 4,167.91 points, while the TA-125 index dropped by 0.02% to 4,039.99 points. Shares of Damri rose by 6.65%, whereas Camtek shares plummeted by 7.27%.

Private investors, once the most ardent supporters of 'Magnificent Seven' stocks, are shifting their focus toward smaller companies involved in AI infrastructure.

Tel Aviv closed the week in the green, led by defense stocks, while Wall Street ended in the red as the 'Magnificent Seven' faced a sell-off. This week, investors are focused on the Fed's interest rate decision and earnings reports from major global and Israeli companies.