Categories: General Market Commentary- DPC
Topics: General Market Commentary- DPC

Big gains ahead in the tech sector

Since last week: Tech stocks helped the Dow reach new highs, continuing the upward trend seen since rate cuts were reintroduced. 

1. Amazon Nuclear

Amazon is the latest tech giant to invest in nuclear power to recognize their AI-related ambitions. The company just announced a $500 million investment in three nuclear power projects for Amazon Web Services’ foray into AI. Every tech company is doing something like this because they all realize it’s the only path forward to stay in the AI race while reducing carbon emissions. Investors are starting to realize this too, which is why they’re buying the uranium needed to power these nuclear power projects. Click here to learn about some small uranium miners set to win big in this energy boom.

2. An Explosion of Data Centers

The other side of this AI bull market is the fact that more data centers are being built. This is happening at a time when the raw materials needed are starting to run out, especially copper. Companies are going to pay top dollar for the supplies they need, so copper miners will be sought after for their reserves. Click here to learn more about one particular copper miner sitting on a massive stockpile and how it will be able to command a premium, thus enriching itself and investors.

3. Gold Won’t Stop

Weakening US bond yields means gold climbing toward new record highs. That and ongoing geopolitical crises are creating the kinds of tailwinds that will keep gold on the same upward trajectory it’s been on the past few months. The biggest gains won’t be made from holding bullion, but from junior miners sitting on massive reserves. Click here to learn about one gold miner that’s set to make its investors rich in this emerging gold bull market.

4. Palantir Thrives

Palantir has been banking big wins for its investors over the past year, having seen its shares rise 162% year to date. It’s been making critical deals related to cybersecurity and it still has plenty of space to grow, making it a strong part of any portfolio. It was an early pick for Digital Dispatch, and readers have been able to enjoy the win. Customers have especially been drawn to its AI-related offerings, which is why it will continue to benefit readers at Digital Dispatch. You can click here to read more about the company and learn about other AI offerings that will be big winners for investors.

What to Look For

More economic data in the coming days will indicate whether or not the market can maintain this upward momentum. 

Keep your eyes open,

Ryan Stancil
Editor, Daily Profit Cycle