Business · Markets · 2 hrs ago

Analyst says November stock-market rise remains likely despite tech sell-off

Analyst says November stock-market rise remains likely despite tech sell-off

A sharp fall in the semiconductor index shook markets alongside news that a serious vulnerability had been disclosed in PHP.

PHP is a programming language, but no further details about the vulnerability are provided.

Cybersecurity-related shares rose sharply as investors focused on companies that protect digital systems and AI.

Market analyst Kenichi Hirano says his forecast for a November stock rise is unchanged despite the recent market turbulence.

He suggests the PHP issue could signal a new stage in the AI investment story, with more attention on protecting AI systems.

The commentary does not give specific forecasts or say what investors should do next.

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