#bull market Tech News.
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Companies in the MSCI EM Index reported average annual earnings above expectations for the first time since April 2022. Asian tech firms, Indian oil refiners, and Brazilian electricity companies drove the results. Morgan Stanley and JPMorgan predict gains will spread beyond AI stocks.
Soaring profits in emerging markets build the case for a raging bull market. The profit growth supports a bullish outlook for EM equities. Investors see strong earnings as a key driver for continued market gains.
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