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":41078,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[363,138,219,866,12964,3508,19083,220,111,139,69,29256,37036,643,145,37037,37038],"class_list":{"0":"post-41077","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-artificial-intelligence","9":"tag-business","10":"tag-economy","11":"tag-federal-reserve","12":"tag-goldman-sachs-group-inc","13":"tag-interest-rates","14":"tag-july-sarl-caen","15":"tag-markets","16":"tag-new-zealand","17":"tag-newzealand","18":"tag-nz","19":"tag-russell-2000-index","20":"tag-soundhound-ai-inc-a","21":"tag-stocks","22":"tag-technology","23":"tag-ubs-group-ag-reg","24":"tag-unity-software-inc"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/41077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=41077"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/41077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/41078"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=41077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=41077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=41077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}