From Yahoo Finance: 2025-04-16 13:00:00

American stocks rose on Monday, April 14, with the S&P 500 up by 0.8%, the Nasdaq by 0.6%, and the Dow Jones by 0.7% due to news of tech companies being exempt from President Trump’s tariffs. Uncertainty surrounds future tariffs on China and electronics as big tech companies brace for potential challenges ahead. Last week marked the best week for major indexes since 2023, setting the stage for another potentially volatile week on Wall Street. Hedge funds are closely watched for stock picks, with data showing outperformance by following their lead. META, previously Facebook, ranks among the top American tech stocks to buy now, with 262 hedge fund holders. Piper Sandler reduced META’s price target but maintained an “Overweight” rating, citing a cautious stance due to e-commerce and China exposure. META’s Q2 revenue guidance and advancements in AI play a crucial role in its standing as an investment option. While META shows promise, other AI stocks may offer greater returns within a shorter timeframe, making it essential to consider all options before investing.



Read more at Yahoo Finance: Is Meta Platforms, Inc. (META) The Best American Tech Stock To Buy Now?