Tech stocks still haven't fully rebounded from a miserable 2022, but they're rewarding investors who saw the sell-off as too extreme.
The Nasdaq Composite gained 2% this week, wrapping up the sixth-straight weekly rally for the tech-heavy index.
Among the most-valuable Nasdaq companies, Tesla led the way, with an 11% increase for the week.
In the cloud software corner of tech, some earnings reports are still providing a boost.
The company on Thursday reported earnings and revenue that topped analysts' estimates and raised its guidance for fiscal 2024.
Persons:
Joe Biden, Tesla, Danielle Shay, Dev Ittycheria, SentinelOne, David Bernhardt, PagerDuty, Howard Wilson
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Nasdaq, U.S, Stocks, Nvidia, Dow Jones