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Tech stocks head for winning week with Nvidia tracking for 15% bounceback

1. Nvidia gains over 15%, leading technology stocks this week amid volatility. 2. Nasdaq Composite rises nearly 5% this week; best week since November. 3. Other tech stocks like Amazon and Alphabet also show significant gains. 4. Market sentiment improves despite ongoing tariff uncertainty and economic fears. 5. Historical recessions see recovery rallies, reminiscent of current market behavior.

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FAQ

Why Bullish?

Nvidia's significant gains indicate strong investor confidence amid broader technology recovery. Historically, such spikes often lead to sustained price appreciation.

How important is it?

The substantial gains of Nvidia are notable amid market volatility, reflecting potential for further price movement.

Why Short Term?

The current market rally is influenced by short-term events and sentiment shifts rather than long-standing fundamentals.

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