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home / news releases / tech was best in q4 earnings but look to the rest as

AIQ - Tech Was Best In Q4 Earnings But Look To The Rest As Market Broadens

Global X Artificial Intelligence & Technology ETF

2024-03-06 01:00:00 ET

Summary

  • Q4 earnings revealed a tale of two markets in the U.S., with tech and internet players hitting home runs as other sectors and industries played small ball in comparison.
  • S&P 500 earnings were positive for a second consecutive quarter, with the lion’s share of Q4 growth powered by the tech and internet stocks that led markets higher in 2023.
  • Earnings growth of 4.4% at the index level masks dispersion in year-over-year (YoY) results not only between sectors, but within them.

By Carrie King

Q4 earnings revealed a tale of two markets in the U.S., with tech and internet players hitting home runs as other sectors and industries played small ball in comparison. ...

For further details see:

Tech Was Best In Q4 Earnings But Look To The Rest As Market Broadens
Stock Information
Company Name: Global X Artificial Intelligence & Technology ETF
Stock Symbol: AIQ
Market: NASDAQ
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