AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks

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This week, Big Tech stocks are on a remarkable upswing, with Oracle, AMD, and Microsoft leading the charge. Oracle's shares have surged by 32%, marking its best week since 1999, while AMD has reached an all-time high after a 12-day winning streak, climbing over 40%. Microsoft also rebounded significantly, up more than 14%, following a challenging quarter.

Key Points

Oracle's stock is up 32% week-to-date, marking its best week since 1999.

AMD has achieved an all-time high, rising 40% over a 12-day winning streak.

The iShares Expanded Tech-Software ETF is on track for its best week since 2001.

Timeline

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AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks | Trace