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META
Benzinga
182 days

Nasdaq-100 Hits Record High, Meta's Rally Powers Tech Surge

1. Meta's stock increased 16% since January 16, boosting Nasdaq's performance. 2. The Nasdaq-100 achieved an all-time high, fueled by tech stock momentum. 3. Easing inflation and anticipated lower interest rates support growth stocks. 4. Meta's 20-day rally has significantly influenced major tech ETFs. 5. Technical indicators suggest further upside potential for Nasdaq-100.

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FAQ

Why Bullish?

Meta's recent price performance and tech sector strength suggest sustained investor interest, similar to prior tech rallies.

How important is it?

This article outlines key market trends and factors beneficial for Meta, highlighting its strong recent performance.

Why Short Term?

The current market momentum is likely to influence Meta's price actions within the next few weeks.

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