Tech rally hands hedge funds biggest gains since 2020
Industry posts 5% returns in April as stocks including Intel, Alphabet and AMD soar
Industry posts 5% returns in April as stocks including Intel, Alphabet and AMD soar

Strong earnings and AI spending plans help investors shrug off fallout from Middle East conflict

Fund managers most optimistic since 2021 despite worries over tech valuations, Bank of America survey shows

Nasdaq climbs after sell-off fuelled by worries over vast AI spending

Net income rises 17% but is still second-weakest figure in five years

Markets climb as chipmaker shrugs off bubble concerns

Nasdaq buoyed by investor hopes for Fed rate cut in December