Business

Tech Sector Bullish on AI

Updated 2026-05-11 13:00 UTC 1 source Positive

Analyst Dan Ives predicts a strong tech earnings season, with the Nasdaq potentially reaching 30,000 as the AI rally continues. Despite earlier investor jitters, a solid performance from major tech companies has boosted market sentiment.

Coverage timeline — 1 article

CNBC

‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands

A solid tech earnings season has seen investor jitters earlier this year evaporate

2026-05-11 12:53 UTC