Artificial intelligence and electric cars support the rise of technology shares

Technology shares have shown noticeable flexibility, with Tesla, Apple and Envide, strong gains in light of the recent economic data that showed a faster increase than expected in inflation rates.

Technology companies benefit from future trends towards technical innovations, especially in the areas of artificial intelligence, advanced computing, and electric cars, which enhances their position as attractive investment options.

In addition, the improvement in the results of these companies contributes to maintaining the confidence of investors, and the technology sector remains one of the most beneficial sectors of structural transformations in the global economy.

Tesla’s share (NASDAQ: TSLA)

Tesla (NASDAQ: TSLA) increased by 3.84% to reach $ 349.44 at 19:18:03, taking advantage of the wave of technology shares climbing, and increasing investor confidence after strong financial results, as profits came higher than expectations, which strengthened the positive momentum The stock, especially with the continued demand for electric cars despite economic challenges, while investors are awaiting any signals on monetary policies that may affect the performance of the stock in the future.

Abel’s share (AAPL)

AAPL shares increased by 3.53% to $ 240.40 at 19:26:16, driven by investors optimistic about new devices sales.

In addition to the company’s increasing focus on artificial intelligence and subscription services, technology shares have received wide support amid a wave of optimism about the future of the sector, and the strong performance of stock markets has strengthened the share movement.

While investors are awaiting the results of the next profits that will give a clearer picture about the company’s performance in light of strong competition and macroeconomic challenges.

Invidia share (NVDA)

Invidia shares (NVDA) increased by 2.95% to $ 135.00 at 19:27:40, taking advantage of the strong demand for artificial intelligence treatments and continuous expansion in the advanced computing sector, as the investments of major companies in artificial intelligence technologies have strengthened the arrow momentum.

In addition to a positive performance of technology shares in general, while investors are awaiting the results of new profits and developments in the company’s products, which may enhance the stock gains in the coming period.