3 Tech Stock Giants Poised for Second-Half Domination
The rotation has been prompted by a notable decline in inflation, which has cleared the way for the U.S. Federal Reserve to begin lowering interest rates this fall. Futures traders are now betting 100% that there will be an interest rate cut in September. This certainty has led investors to move capital out of tech stocks, at least temporarily. Time will tell if it lasts, especially as the second-quarter earnings season begins. Netflix (NFLX) Netflix (NASDAQ:NFLX) has reported second-quarter financial resul ...