In a NYSE Live interview, Art Hogan, Chief Market Strategist at B. Riley Wealth Management, discussed the recent pullback in technology stocks after an AI-driven rally, which he sees as a potential opportunity for investors. He said most S&P 500 companies continue to beat earnings and revenue expectations, while market leadership is broadening into healthcare and financials. Hogan views the AI-related weakness as reflecting valuation adjustments and profit-taking rather than a deterioration in the long-term opportunity. He expects technology stocks to stabilize and market breadth to improve through the end of the year, and he also commented on Apple, semiconductors and the midterm elections.
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tech stocksQQQartificial intelligencevaluation
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Related tickers and likely impact
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 690.49 |
| Change that session | -3.47% |
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/30/2026 | 344.79 |
| Change that session | -1.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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