Goldman Sachs has observed a trend that hasn’t been seen in two years: tech companies are making earnings surprises happen again. This marks the first quarter where many of these firms haven’t disappointed investors with their quarterly results.
The market, led by tech stocks, is starting off on a positive note, with investors feeling more optimistic than usual. If this momentum continues, it could be the first Monday in a while where news headlines don’t cause significant market fluctuations.
Despite expectations for significant impacts from Trump’s tariffs this week, the positive sentiment persists.
Source: https://www.marketwatch.com/story/the-magnificent-seven-companies-just-did-something-they-havent-in-two-years-goldman-says-its-time-to-make-a-shift-97433779