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Tech Stocks Hit Record Highs
Liam Gill
January 26, 2024
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News of the Day
Shares of Alphabet, Microsoft, and Meta have reached record highs, reflecting investor optimism ahead of their quarterly earnings reports. This stock price surge is driven by advancements in artificial intelligence, cost reduction strategies, economic growth, decreasing inflation, and potential lower interest rates. Analysts maintain a positive outlook on these companies, particularly Alphabet, due to its strong position in search and advertising and its history of innovation and AI investments. The technology sector, especially companies like Alphabet, Microsoft, and Meta, continues to attract significant investor interest, showcasing confidence in their future growth and performance.
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Every seed deal I did where the founder got drunk on fundraising and then raised a massive round from Tier-1 VCs and marked me up 5x is now zero
Every seed deal I did where the founder quietly took my money, obsessed about the user, and iterated for 4 years is now a clean 10x
— Nikita Bier (@nikitabier)
4:54 PM • Mar 3, 2023
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Chart of the Day
What is your favourite AI product? |
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Onwards and Upwards,
