US equities (^GSPC, ^DJI, ^IXIC) have begun to rebound after a sharp sell-off in previous trading days, closing the market ahead on Tuesday. Many questions remain as to how investors should play this bounce back but one of them is should investors continue to buy tech after coming down from previous highs?

KeyBanc Capital Markets equity research analyst Jackson Ader joins Asking For A Trend to give insight into the tech sector, how its performing, and what investors need to know.

In terms of a chief concern this earnings season for tech, capex spending, Ader relates back to Microsoft (MSFT) and its recent earnings: "What Microsoft said was, 'hey, we're actually a little bit more flexible than maybe you realize. Only half of our capex really goes into those fixed long term, 15, 20-year assets. And the other half is kits, GPUs.' Maybe they're going to be GPUs, maybe they're going to be CPUs, maybe they're going to be in-house chips. But the focus on flexibility in artificial intelligence, I think is going to be a really good one, and key for the industry. And that goes all the way down to software and all the way down to large language models. "

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend

This post was written by Nicholas Jacobino