Wall Street is coming off a losing session for the major averages, of a strong finish to the first half of the trading year. Continued excitement surrounding artificial intelligence and stocks such as Nvidia led the
Some expect this technology-driven momentum to persist at least through the summer, despite some fears that multiples have hit heightened levels. He expects the sector to hit some resistance during a period of seasonal weakness and profit-taking in September and October, and around the election, but views valuations as warranted."The reality is that these companies have been so well managed through thick and thin, that during times like this when the economy is growing, they're able to grow their earnings quite significantly," he said."These companies have have delivered.
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