Growing macro risks led to a sell-off in tech stocks in the first quarter, but fund manager Sid Choraria believes investors “must own” these three stocks.
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Fund manager names 3 ‘must own’ tech stocks — and explains why he is keeping an eye on Meta
Technology
Cloud stocks jump, head for best day in nearly a year despite broad market declines
Traders work on the floor at the New York Stock Exchange, March 3, 2026. Brendan McDermid | Reuters Cloud and software stocks were a rare bright spot amid Thursday’s market drop. The WisdomTree Cloud Computing Fund (WCLD) gained 2.7%, putting the exchange-traded fund on track for its best day since April 24, when it jumped […]
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Broadcom stock rallies as CEO Tan makes strong case for why AI growth will last
Broadcom‘s stock surged about 5% on Thursday as CEO Hock Tan touted strong demand for the company’s chips amid the artificial intelligence boom. He told analysts on Wednesday that he anticipates AI chip revenue in 2027 that’s “significantly in excess of $100 billion” as demand mounts for designing custom silicon. That far surpassed many bullish […]
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OpenAI’s Altman takes jabs at Anthropic, says government should be more powerful than companies
OpenAI CEO Sam Altman took subtle swipes at rival Anthropic on Thursday and said he thinks it’s “bad for society” if companies start abandoning their commitment to the democratic process because “some people don’t like the person or people currently in charge.” “The government is supposed to be more powerful than private companies,” Altman said […]
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