Rate Cut Expectations and Strong Earnings Support the Rally in Big Tech, Says Plexo's Lo Toney

Rate cut expectations and strong earnings support the rally in Big Tech, says Plexo's Lo Toney

Lo Toney, Plexo Capital founding managing partner, joins 'Closing Bell Overtime' to talk Big Tech's big rally and changes to Apple's C-Suite.

The Big Beautiful Bill may have just quietly boosted Big Tech earnings | The New York Ledger

President Donald Trump’s brand-new tax costs hands organizations significant tax advantages, however it’s specifically generous to Huge Tech– and it might provide a profits increase that’s not yet been priced in by the market. Particularly, the One Big Beautiful Costs Act’s research study and advancement (R&D) expensing standards will produce a “capital tailwind” for software application business, Morgan Stanley stated today. Formerly, the 2017 …