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Weekly tech check: Western Digital rises on AI demand, while Paycom drops on valuation concerns (WDC:NASDAQ)

by FeeOnlyNews.com
5 months ago
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Weekly tech check: Western Digital rises on AI demand, while Paycom drops on valuation concerns (WDC:NASDAQ)
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The tech sector has been under pressure due to broader economic concerns and slower global growth. With inflation remaining persistent, investor sentiment has been cautious, affecting growth-focused stocks. Despite this, certain segments, especially in AI and cloud computing, continue to show strong demand, boosting companies in that segment.



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Tags: checkConcernsdemandDigitaldropsPaycomRisestechvaluationWDCNASDAQweeklyWestern
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