Tech stocks drive U.S. stocks higher, traders downplay the risk of war with Iran

According to Jinshi reports, the US stock market rose as investors set aside concerns over the latest US-Iran conflict and rushed to buy technology stocks. Despite the escalating conflict in the Middle East, investors are still focused on the artificial intelligence investment boom.

Goldman Sachs' report pointed out that clients have no substantial concerns about the prospects of artificial intelligence trading, and the recent market adjustments are mainly technical in nature. BlackRock economist Helen Zhuviel stated that although technology companies are facing negative free cash flow, the commitment to artificial intelligence investments will continue to support this theme for at least two to three years.