Business
Tech shares race to record highs as Bank of America tips BHP and Rio shares – Motley Fool Australia
Aussie tech shares are surging higher as the US Nasdaq hits new record highs. But don’t count out the miners…
Yesterday (overnight Aussie time) the tech-heavy Nasdaq Composite Index (NASDAQ: IXIC) gained 1.0% to reach yet another new record high.
Year-to-date, the index of predominantly leading tech shares is now up more than 22%. That was almost unimaginable in mid-March, after the Nasdaq had lost more than 30% in the COVID-19 market rout.
But the remarkable rebound is indicative of the resilience of companies like Apple Inc.(NASDAQ: AAPL). Although Apple’s share price dropped 0.3% yesterday, its 53%…
-
Noosa News22 hours agoThe Laundry Lady secures $1M to fuel international expansion
-
Noosa News19 hours agoTruffle growers say rare delicacy is worth its $3,500 per kilo expense
-
Noosa News12 hours agoWhere, when and why? Everything you need to know about Sunday’s pro-Palestine protest march in Brisbane
-
Noosa News19 hours agoHomicide investigation underway after woman found dead in north Brisbane