Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Pause on rate hikes: Will tech funds ride the wave to higher returns?

Hi, mooers!
As expected, the Federal Reserve kept the target range for the federal funds rate at 5.25%–5.5% for a second consecutive time in November. As a result, with reduced risk aversion and increased investment appetite, the technology sector is expected to receive higher attention and potentially enter a new round of growth in the short term.
According to Q3 earnings reports from tech giants, the technology industry is taking off again after grappling with a slowdown for close to two years. The net income and profit margins performance of tech giants has reached their highest level in at least 21 months.
In Q3 2023, 3 tech giants—$Microsoft(MSFT.US)$, $Meta Platforms(META.US)$, and $Alphabet-A(GOOGL.US)$—all saw substantial growth in net income, indicating their strong profitability. $Meta Platforms(META.US)$ led the way with a remarkable growth rate of 164%.
Pause on rate hikes: Will tech funds ride the wave to higher returns?
$Microsoft(MSFT.US)$ saw the greatest surge in market capitalization, with an increase of 61%, solidifying its position as the frontrunner with a total value of $2.74 trillion. $Microsoft(MSFT.US)$'s revenue from intelligent cloud services Azure and other cloud services demonstrated an unexpected acceleration, with a growth rate approaching 30% instead of the anticipated decline.
Source: Companies Market Cap
Source: Companies Market Cap
John Blackledge, an analyst at Cowen, commented that despite rising costs, all of these companies have seen an increase in margins compared to the previous year. Many investors are also bullish on the future development of tech giants. When it comes to AI, the tech giants are acting “faster and more decisive than I’ve seen incumbents react to a challenge,” said Rick Heitzmann, a partner at venture capital firm FirstMark Capital.
Investing in technology stocks isn't the only way to gain exposure to this market. Funds on Moomoo Fund Hub holding these securities can offer investors a way to balance their portfolios and tap into potential returns spanning different asset classes.
Here are the top 4 tech funds on Moomoo Fund Hub with the highest yields over the past year. Let's take a look at them!

Related Funds
Pause on rate hikes: Will tech funds ride the wave to higher returns?
*The above fund selection is based on the data disclosed in the fact sheets of fund companies.
*The selected currency for the funds in this event is USD. Only one currency/dividend type will be displayed for the same fund.

You may share:
1) What is your outlook on AI technology? How do you think AI will impact our lives?
2) Are you bullish on the tech market? Which AI tech giant do you believe has the potential for significant growth in the coming years?
3) Will you be adding these tech funds to your investment portfolio in the near future? Why?

Time:
13 Nov - 27 Nov

Rewards:
18% (3d) fund coupon: for writers of the top 5 influential posts over 50 words
88 points: for all writers of on-topic posts over 30 words
*Only posts under the topic will be rewarded. Don't forget to post your sharing under the topic>>

Notes:
Selection is based on post quality, originality, creativity, and influence.
Posts that are not original or relevant shall be excluded.
All rewards are mutually exclusive.
All rewards will be distributed to your universal account within 15–30 working days after the winner's announcement.
This presentation is strictly for informational and educational purposes and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.


Resources:
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
14
1
1
+0
4
Translate
Report
194K Views
Comment
Sign in to post a comment