Furious tech rally will survive high interest rates – US$20bn BlackRock manager

With Nvidia’s stunning 130% performance year-to-date having propelled the US tech sector to new heights in 2024, some voices in the market are raising concerns that the rally could run out of steam amid a tight interest rate environment. However, Tony Kim, BlackRock’s head of technology and portfolio manager for global technology funds, believes that investments in technology will continue…

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