The S&P 500 reached the long-anticipated 7,400 level, leading investors to rebalance portfolios and prepare for a possible market correction. Analyst Gary Tanashian expects any pullback to test support levels between 6,950 and 6,750, viewing it as a healthy adjustment within an ongoing bull market. Sector rotations are notable, with Tech and Growth sectors outperforming while Software and Healthcare lag due to disruptive trends like AI and GLP-1 drugs. Tanashian's strategy involves trimming overbought stocks and reallocating to sectors expected to benefit from rotation, while maintaining exposure to precious metals and global markets, which appear to have bottomed compared to the US market.
Qualcomm has been upgraded to a buy rating due to its strategic shift towards data centers and a growing automotive segment, which are expected to drive future revenue growth. The company aims to double its non-handset revenue to $40 billion by fisca...
A simple tap on a smartphone triggers a complex AI-driven process that spans from touch sensors to cloud computing, cybersecurity, automated warehouses, and last-mile delivery technologies. Key companies like Nvidia, Qualcomm, and Ambarella provide t...
The global industrial semiconductor market, valued at $98.35 billion in 2025, is projected to grow to $329.73 billion by 2035, with a CAGR of 12.86%. Growth is fueled by increasing adoption of AI-powered industrial automation, electric vehicles, smar...
