So, there will still be uncertainties around and most of the IT stocks have had a very strong rally, like if you look at the larger ones, they have had a decent rally but many have virtually moved up in a straight line and today traded valuations which are two-three times historical earnings for some of the mid-tier companies which would be unsustainable in my view.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created
September 25, 2026