Kathleen Brooks, an analyst at the EU financial broker XTB, stated in a report that after the ceasefire was announced between Israel and Iran, stock investors prefer technology and artificial intelligence related stocks over defense stocks. The 7 leading technology stocks - Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, and Tesla, also known as the "Magnificent 7", are expected to continue to rise. Brooks said: "As the market focuses on artificial intelligence trading again, these 7 companies are likely to lead the US stock market higher."
