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Tech stocks soar 35% despite US-Iran conflict, outpacing broader market gains.

Market News
17 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Despite the recent US-Iran conflict, technology stocks have surged nearly 35%, significantly outperforming the broader market's 9.7% gain. This growth is largely driven by increased AI-related capital spending and strong demand for cloud services, which are boosting earnings in the tech sector. While the conflict may have lasting effects on the global economy, tech investors have seen substantial gains during this period, highlighting the sector's resilience and growth potential.

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