Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 70 , 08 January 2024
Open
Access | Article
Navigating the Technological Revolution: Unveiling the Drivers of Soaring Tech Stocks and Investment Opportunities
* Author to whom correspondence should be addressed.
Abstract
This study conducts a comprehensive analysis of the factors influencing technology stock performance, a sector that captivates investors due to its rapid growth and innovation potential. By examining macroeconomic factors, industry-specific dynamics, and company-level management and governance, the research aims to elucidate their impacts on stock prices and returns. Macroeconomic indicators such as interest rates and economic growth cycles are assessed alongside industry trends like R&D intensity and competitive dynamics. Additionally, the study evaluates the role of corporate governance in shaping investor perceptions and stock performance. The findings offer investors deeper insights for informed decision-making and identify directions for future research, providing actionable recommendations for navigating the technology investment landscape.
Keywords
technology stocks, macroeconomic analysis, industry analysis
References
1. Yeoh, W. W., & Sundram, V. P. K. (2022). The effect of North America market indices against the stock prices in the technology sector of Bursa Malaysia. International Journal of Industrial Management (IJIM), 16(1). https://dx.doi.org/10.15282/ijim.16.1.2022.9003
2. Rashid, S. M. (n.d.). Impact of Information Technology (IT) Investment on Banks’ Performance: A Study on Dhaka Stock Exchange (DSE) Listed Banks of Bangladesh.
3. Anindyastri, R., Lestari, W., & Sholahuddin, M. (2022). The Influence of Financial Technology (Fintech) on the Financial Performance of Islamic Banking (Study on Islamic Banking listed on the Indonesia Stock Exchange Period 2016-2020). Benefit: Jurnal Manajemen dan Bisnis, 7(1), 1-10. https://dx.doi.org/10.23917/benefit.v7i1.18051
4. Chaidir, R., & Ilmu Ekonomi Balikpapan, S. T. (2023). The Influence of Operating Cash Flows, Investments Cash Flow, and Funding Cash Flow on the Company Value in Technology Sector. ILOMATA International Journal of Tax and Accounting, 4(3). https://dx.doi.org/10.52728/ijtc.v4i3.780
5. 5 major reasons Tech stocks will soar in 2023 (no date) Yahoo! Available at: https://www.yahoo.com/lifestyle/5-major-reasons-tech-stocks-192845729.html (Accessed: 19 July 2023).
6. Rashid, A. (2008). MACROECONOMIC VARIABLES AND STOCK MARKET PERFORMANCE: TESTING FOR DYNAMIC LINKAGES WITH A KNOWN STRUCTURAL BREAK. Savings and Development, 32(1), 77–102. http://www.jstor.org/stable/25830968
7. Rashid, A. (2008). MACROECONOMIC VARIABLES AND STOCK MARKET PERFORMANCE: TESTING FOR DYNAMIC LINKAGES WITH A KNOWN STRUCTURAL BREAK. Savings and Development, 32(1), 77–102. http://www.jstor.org/stable/25830968
8. Technology industry (no date) BCG Global. Available at: https://www.bcg.com/industries/technology-media-telecommunications/technology-industry (Accessed: 19 July 2023).
9. 25 trending tech industry statistics [2023]: Tech industry demographics, worth and more (2023) Zippia. Available at: https://www.zippia.com/advice/tech-industry-statistics/ (Accessed: 19 July 2023).
10. Regional Technology and innovation hubs (tech hubs) (no date) U.S. Economic Development Administration. Available at: https://www.eda.gov/funding/programs/regional-technology-and-innovation-hubs (Accessed: 19 July 2023).
11. Badlam, J. et al. (2022) The Chips and Science Act: Here’s what’s in it, McKinsey & Company. Available at: https://www.mckinsey.com/industries/public-sector/our-insights/the-chips-and-science-act-heres-whats-in-it (Accessed: 19 July 2023).
12. Sharp, B. (2023) Tech Industry Outlook 2023 - A leadership perspective, Synoptek. Available at: https://synoptek.com/insights/it-blogs/it-consulting/tech-industry-outlook/ (Accessed: 19 July 2023).
13. Almazari, A. A. (2012). Financial performance analysis of the Jordanian Arab bank by using the DuPont system of financial analysis. International Journal of Economics and Finance, 4(4), 86-94.
14. Wright, P., Ferris, S. P., Hiller, J. S., & Kroll, M. (1995). Competitiveness through Management of Diversity: Effects on Stock Price Valuation. The Academy of Management Journal, 38(1), 272–287. https://doi.org/10.2307/256736
15. Cloud, computers, Apps & Gaming (no date) Microsoft. Available at: https://www.microsoft.com/en-us/ (Accessed: 30 July 2023).
16. (No date) World leader in Artificial Intelligence Computing | Nvidia. Available at: https://www.nvidia.com/en-us/ (Accessed: 30 July 2023).
17. Electric cars, Solar & Clean Energy (no date) Tesla. Available at: https://www.tesla.com/ (Accessed: 30 July 2023).
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).
- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-271-8
- ISBN (Online)
- 978-1-83558-272-5
- Published Date
- 08 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/70/20231561
- Copyright
- 08 January 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited