Laffer Tengler Investments CEO and CIO Nancy Tengler in Bloomberg

Big Tech’s Roaring Profit Machine Eases Fears of Rally Reversal

  • Magnificent Seven per-share earnings grew 55% last quarter
  • Investors see stocks leading broader market again in 2024

This earnings season has underlined that the big technology trade is here to stay, alleviating investor concerns that AI euphoria would falter after driving 2023’s market rally.

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