Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

BlackRock’s Bullish Bet: AI-Driven Tech Stocks to Fuel U.S. Stock Market Rally

theguru Views  

BlackRock, the world’s largest asset management company, predicts that the U.S. stock market will continue to rally this year, driven by artificial intelligence (AI). The analysis suggests that tech stocks will yield high returns due to expectations of easing inflation and interest rate cuts.

According to the U.S. investment specialist media, Market Watch, on the 30th, BlackRock upgraded its U.S. stock outlook from “neutral” to “overweight.”

BlackRock analyzed, “The tech-stock-centered rally in the stock market, triggered by investors’ enthusiasm for AI, will further expand, backed by the positive outlook for an inflation slowdown and expected Federal Reserve (Fed) interest rate cuts.”

BlackRock explained, “The market is anticipating a soft landing with inflation falling to the 2% range without an economic downturn,” and “there is also a possibility that the Fed could start cutting interest rates as early as the first half of this year.” It added, “The upward momentum of the S&P 500 could continue for 6 to 12 months.”

The U.S. stock market has continued to reach new heights day after day since the beginning of the year. On the 29th (local time), the S&P 500 closed at 4927.93, up 0.76%, setting a record high for the sixth consecutive trading day. The Dow Jones also ended trading at 38,333.45, up 0.59%, recording a record high for the third straight trading day.

BlackRock, the world’s largest manager with $9.5 trillion in assets under management (AUM), is led by Larry Fink, also known as the “King of Wall Street.” BlackRock holds stakes in major global companies such as Apple, Amazon, and Samsung Electronics.

theguru
content@www.kangnamtimes.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • El Salvador's Bitcoin Reserves See $25 Million Surge After Trump’s Win
  • Who Is Susie Wiles? Meet Trump’s Loyal ‘Ice Baby’ and First Woman Chief of Staff
  • Trump’s 2nd Term Family Drama: Lara and Don Jr. Take Center Stage, Ivanka Steps Aside
  • Boston Dynamics’ Atlas Robot in Hot Dog Costume Stuns with Human-Like Skills
  • With $180M in Support, Musk Backs Trump’s Victory—And Makes It Meme-Worthy
  • Swifties and Celebrities Left Reeling After Trump’s Election Win

Weekly Best Articles

  • Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be
  • Lexus Reveals Sporty New ES Facelift with Aggressive Design Changes
  • 2026 Toyota RAV4: Bigger, Bolder, and Hybrid-Only—Is It the Future of SUVs?
  • Byeon Woo Seok’s Hot Streak Continues—Wins Hot Character Award for the Sixth Consecutive Month
  • Jung Hae In Gets Personal: Family First and Thoughts on Marriage Revealed
  • Min Hee Jin Faces $3.6 Million Lawsuit Over ‘False Claims’ About NewJeans Management
  • NewJeans Makes Waves in Japan: ‘Supernatural’ Nominated for the Prestigious Japan Record Award
  • Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance
  • How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked
  • Is Elon Musk’s Trump Support Killing Tesla’s Brand? Truth Behind the Sticker Backlash
  • Is China’s Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed
  • Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

You May Also Like

  • 1
    NewJeans Makes Waves in Japan: 'Supernatural' Nominated for the Prestigious Japan Record Award

    ENTERTAINMENT 

  • 2
    Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance

    ENTERTAINMENT 

  • 3
    How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked

    TECH 

  • 4
    Is Elon Musk’s Trump Support Killing Tesla's Brand? Truth Behind the Sticker Backlash

    TECH 

  • 5
    Is China's Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed

    TECH 

Popular Now

  • 1
    Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

    ENTERTAINMENT 

  • 2
    Lee Min Jung Gets Into the Holiday Spirit Despite Busy Filming Schedule

    ENTERTAINMENT 

  • 3
    Kim Junsu to Pursue Legal Action Against Malicious Rumors Following Extortion Incident

    ENTERTAINMENT 

  • 4
    Chae Soo Bin’s Surprising Hobby? Lying Down and Eating Cereal to Recharge

    ENTERTAINMENT 

  • 5
    BTS’s Jin Reveals How His Military Experience Influenced His Music Career

    ENTERTAINMENT 

Weekly Best Articles

  • Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be
  • Lexus Reveals Sporty New ES Facelift with Aggressive Design Changes
  • 2026 Toyota RAV4: Bigger, Bolder, and Hybrid-Only—Is It the Future of SUVs?
  • Byeon Woo Seok’s Hot Streak Continues—Wins Hot Character Award for the Sixth Consecutive Month
  • Jung Hae In Gets Personal: Family First and Thoughts on Marriage Revealed
  • Min Hee Jin Faces $3.6 Million Lawsuit Over ‘False Claims’ About NewJeans Management
  • NewJeans Makes Waves in Japan: ‘Supernatural’ Nominated for the Prestigious Japan Record Award
  • Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance
  • How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked
  • Is Elon Musk’s Trump Support Killing Tesla’s Brand? Truth Behind the Sticker Backlash
  • Is China’s Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed
  • Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

Must-Reads

  • 1
    NewJeans Makes Waves in Japan: 'Supernatural' Nominated for the Prestigious Japan Record Award

    ENTERTAINMENT 

  • 2
    Bruno Mars and Rosé Set to Steal the Show at 2024 MAMA Awards with ‘APT.’ Performance

    ENTERTAINMENT 

  • 3
    How Honda’s Edix MPV Turns a Compact Design into a Spacious 6-Seater – You’ll Be Shocked

    TECH 

  • 4
    Is Elon Musk’s Trump Support Killing Tesla's Brand? Truth Behind the Sticker Backlash

    TECH 

  • 5
    Is China's Xiaomi SU7 a Road Warrior or a Circuit Breaker? Shocking Track Failures Revealed

    TECH 

Popular Now

  • 1
    Lee So Ra Reacts to Unexpected Exit from ‘Supermarket Sora’ Show

    ENTERTAINMENT 

  • 2
    Lee Min Jung Gets Into the Holiday Spirit Despite Busy Filming Schedule

    ENTERTAINMENT 

  • 3
    Kim Junsu to Pursue Legal Action Against Malicious Rumors Following Extortion Incident

    ENTERTAINMENT 

  • 4
    Chae Soo Bin’s Surprising Hobby? Lying Down and Eating Cereal to Recharge

    ENTERTAINMENT 

  • 5
    BTS’s Jin Reveals How His Military Experience Influenced His Music Career

    ENTERTAINMENT 

Share it on...