Nividia-led tech titans rival gold as shield against inflation
Tech giants like Nvidia and Apple are emerging as formidable contenders in the battle against inflation, challenging the traditional dominance of gold. Bloomberg Markets Live Pulse survey reveals a shifting landscape where tech stocks are increasingly perceived as a hedge against rising prices. With companies like Nvidia, Amazon, and Meta dominating markets, investors are finding confidence in their ability to weather inflationary pressures, even as concerns about economic downturns persist.
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By Edward Harrison
The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey.
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