U.S. Tech Companies Can’t Ignore Korea’s Energy Woes

“If you ain't built for it, then you can't be here.” — Bam Adebayo 

Chart of the Day

Good morning!

While U.S. tech stocks have been relatively insulated from the Iran conflict-driven energy chaos, their Korean counterparts haven’t. That’s still a risk for U.S. tech stocks. 

The S&P 500’s information technology sector, home to Nvidia and Apple, has added 1.5% since the U.S. struck Iran on Feb. 28, compared to the S&P 500’s slide of 1.4%. 

T...

Finish reading this report for free

Enter your email and we'll send the paywall-free report directly to your inbox

Articles Read: 2/2

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.

Get unlimited access to Tom Lee's Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Events

Trending tickers in our research