One chart to understand | How well did US tech stocks perform in November?
In the just-concluded month of November, the Nasdaq index surged by 10.7%, achieving its best monthly performance since July 2022. Star tech stocks across the board saw gains, with Tesla leading the way with a nearly 20% increase, and even the least performing Alphabet-C also rose by nearly 7%!
In the just-concluded month of November, the Nasdaq index surged by 10.7%, marking its best monthly performance since July 2022.
All the star tech stocks saw gains. Among them, Tesla led the way with a nearly 20% increase, followed closely by Netflix and Nvidia with a 15% rise. Microsoft and Apple also saw gains of over double digits.
Amazon rose nearly 10% during the month, while Meta increased by almost 8%. Among the "Big Seven" tech giants, Google had the smallest increase in November, but still rose by nearly 7%.