The tech sector, making up over a third of the S&P 500, is still profitable despite companies’ cash burn on AI. A concerned reader ponders selling his tech-heavy mutual fund due to fears of a significant S&P 500 decline at 78 years old. Big tech companies, like Tesla, continue to rise despite challenges, with Microsoft, Alphabet, Apple, and Meta set to report quarterly results. Nvidia hits a $5 trillion market cap, and Amazon announces job cuts. Microsoft’s earnings disappoint, highlighting the impact of AI spending on valuations. The Federal Reserve cuts rates amidst economic uncertainty, while analysts watch tariff negotiations, the jobs market, and inflation. Chief investment officers suggest staying invested and diversified despite market volatility. Investors should focus on long-term asset allocation and avoiding rash decisions based on market fluctuations.

Read more at Yahoo Finance.: Do I sell my tech stocks before it’s too late?