Bets that the Federal Reserve will continue cutting interest rates have fueled a rally in one of the riskiest corners of the technology sector, raising concerns about a potential reversal in the stocks.<\/p>\n
A basket<\/a> of unprofitable tech companies tracked by UBS Group AG has jumped 22% since the end of July, compared with a 2.5% advance for its profitable counterpart<\/a> and the Nasdaq 100 Index\u2019s 5.9% advance. The run-up has sent the group, which includes lesser-known companies like SoundHound AI Inc.<\/a> and Unity Software Inc.<\/a>, near its highest since late 2021, when rock-bottom interest rates were fueling a bubble in speculative assets that popped the following year.<\/p>\n","protected":false},"excerpt":{"rendered":"Bets that the Federal Reserve will continue cutting interest rates have fueled a rally in one of the…\n","protected":false},"author":2,"featured_media":166347,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[254,64,63,99,164,176,5057,5626,18460,171,13099,109282,2004,105,109283,109284],"class_list":["post-166346","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-artificial-intelligence","tag-au","tag-australia","tag-business","tag-economy","tag-federal-reserve","tag-goldman-sachs-group-inc","tag-interest-rates","tag-july-sarl-caen","tag-markets","tag-russell-2000-index","tag-soundhound-ai-inc-a","tag-stocks","tag-technology","tag-ubs-group-ag-reg","tag-unity-software-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/166346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=166346"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/166346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/166347"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=166346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=166346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=166346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}