The tech sector is poised for strength driven by the pervasive influence of A.I. and increased I.T. spending is likely for security, notes Dave Nicholson. He discusses the 2024 tech outlook. He talks about how the S&P 500 technology sector is up more than 55% year-to-date. He goes over ways A.I. will influence the tech landscape in 2024. He anticipates the shift from FOMO and time to market anxiety to be more rational by the end of the year. He highlights that trends will likely expedite the adoption of cloud services. He then goes over the companies that could benefit from the shift to the era of “inference everywhere.” Tune in to find out more about the stock market today.
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