Shopify Stock, TE Connectivity Hit New Highs As Appetite For AI Plays Rises
Group 1 - Shopify (SHOP) stock reached new highs, driven by the renewed interest in artificial intelligence, contributing to the e-commerce software maker's performance and the broader market's record levels [1] - Interactive Brokers (IBKR) and TE Connectivity (TEL) also entered buy zones, indicating positive market sentiment [1] - The article highlights that top mutual funds are increasingly investing in stocks like Nvidia, Palantir, and others, suggesting a trend in fund management strategies [2]