NYSEARCA:XLK - NYSE Arca - US81369Y8030 - ETF - Currency: USD
That brings Apple closer to launching AI functionality on its iPhone and other devices in China.
Morgan Stanley’s James Faucette expects the company to raise the bottom end of its 2025 revenue guidance by 100 basis points, layering in longer-duration managed services contracts.
Investors embraced a risk-on mood Monday, showing optimism that Iran might seek a diplomatic solution to the crisis despite continued hostilities with Israel.
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XLK, HACK, and IGV offer targeted exposure to blue-chip tech, cybersecurity, and software, each with strong market outperformance and analyst support.
Stocks have rebounded strongly from spring lows, with experts forecasting a relatively calm summer market tempered by cautious optimism.