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Institutions: After Israel-Iran ceasefire, US tech giants to lead US stock market higher

Summary: According to a report by EU financial broker XTB analyst Kathleen Brooks, following the ceasefire in Israel and Iran conflict, stock investors are favoring tech and AI-related stocks over defense stocks. The 7 leading tech stocks - Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, and Tesla, also known as the 'Magnificent 7', are expected to continue ...

According to a report by EU financial broker XTB analyst Kathleen Brooks, following the ceasefire in Israel and Iran conflict, stock investors are favoring tech and AI-related stocks over defense stocks. The 7 leading tech stocks - Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, and Tesla, also known as the 'Magnificent 7', are expected to continue rising. Brooks stated, 'With the market refocusing on AI trading, these 7 companies are likely to lead the US stock market higher.'

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