星球日报|7月 09, 2026 16:25
[Tech Stocks Drive U.S. Market Rally, Traders Downplay Iran War Risks]
Odaily Planet Daily News: U.S. stocks rose as investors set aside concerns over the latest U.S.-Iran conflict and shifted their focus to buying tech stocks. Despite escalating tensions in the Middle East, investors remain focused on the artificial intelligence investment boom, which continues to show strong momentum even after chip stocks experienced a sharp decline earlier this week. Goldman Sachs' trading division stated in a report: 'Our client conversations do not indicate any substantial fundamental concerns regarding AI trading or capital expenditure prospects. Clients generally believe that the recent market adjustment is primarily technical rather than driven by fundamental factors.' BlackRock economist Helen Jewell shares a similar view, noting that although major tech companies are beginning to generate negative free cash flow and increasingly rely on debt markets for expansion, commitments to AI investments should continue to support this investment theme for at least another two to three years. (Jin10)
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