TECHNOLOGY (XLK)

Inflation cooled in February, sparking hopes of interest rate cuts. Sectors that could benefit are consumer discretionary, tech, and real estate. Consider XLY, XLK, and IYR ETFs.

Wall Street is also bullish on Tan’s appointment. Bank of America cited his strong track record at Cadence Design Systems, familiarity with Intel from his prior board tenure, and broad industry connections as key positives.

Traders found relief in a cooler-than-expected inflation report, driving tech-heavy indices to a rebound on Wednesday despite ongoing trade tensions.

Bank of America anticipates that Nvidia will discuss its long-term ambitions in autonomous vehicles, physical AI, robotics, and quantum computing at the GPU Technology Conference 2025, scheduled for March 17 to 22.

Woodring noted that an upgraded Siri personal assistant was the number one AI feature prospective iPhone upgraders were interested in when upgrading.

Trimble also announced an integration of its fleet maintenance software with Daimler Truck North America, aiming to streamline commercial truck repairs and reduce downtime amid rising maintenance costs.

The latest triumph comes after IBM secured a legal win on Monday in the U.K. against U.S. tech entrepreneur John Moores and his firm, LzLabs, over allegations of trade secret theft.

Nasdaq 100 drops 0.6%, S&P 500 slides to 7-month low, Dow Jones industrials underperform.

IBM alleged that LzLabs’ U.K. unit, Winsopia, misused a 2013 license agreement to reverse engineer its mainframe software.

According to Melius Research, Nvidia CEO Jensen Huang could use his keynote at GTC 2025 to reassure investors by pointing to AI-driven advancements.

A look at the analyst estimates for Oracle's third-quarter earnings and what experts are saying ahead of the report.

Regarding the short-term cycle, the PMO index of stocks showing price momentum has been at the bottom of its range for several days.

Tech stocks are struggling, pushing major ETFs to bargain-level prices. These four tech ETFs are trading near 50-day lows.

A Goldman Sachs analyst said he expects the new iPad and Mac products launched this week to help Apple achieve its fiscal second-quarter outlook of low- to mid-single-digit growth.

Apple began accepting pre-orders for both gadgets on Wednesday, and they will be commercially available on March 12.

Intel shares extended their two-day slide on Wednesday after former President Donald Trump called for the repeal of the Chips Act during a joint session of Congress.

Wedbush’s Daniel Ives said tariffs could be a “game of high-stakes poker” to bring the impacted countries to the negotiating table.