Nasdaq Advances as Tech Firms Post Upbeat Revenue Trends

Tech stocks boosted Nasdaq as strong cloud and chip revenues improved sentiment, aided by easing yields and steady digital transformation spending.

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4 days ago

Nasdaq Advances as Tech Firms Post Upbeat Revenue Trends

Nasdaq Advances as Tech Firms Post Upbeat Revenue Trends
Technology stocks lifted the Nasdaq as several major firms delivered better than-expected revenue from cloud services, AI platforms and subscriptions. Semiconductor companies also posted positive guidance, enhancing risk appetite. Lower bond yields supported high growth names, while ETF inflows into tech focused indices accelerated. 
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