By Kara Greenberg
Publication Date: 2026-04-17 18:56:00
Photo credit: David Paul Morris / Bloomberg / Getty Images
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Oracle, Advanced Micro Devices, Tesla and Palantir are among the biggest winners from this week’s tech rally.
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The recent momentum could suggest that sentiment is improving around AI-related stocks, which suffered a major decline earlier this year.
There were some big tech winners this week. Many of them were big losers not long ago.
The tech-heavy Nasdaq rose nearly 2% in recent trading, hitting an all-time high Third day in a rowamid optimism about progress towards End of the war in Iran. oracle (ORCL) is up nearly 30% in what is expected to be its best week since the 1990s, making it one of the best-performing stocks on the Nasdaq and S&P 500 during that period. Tesla (TSLA) is up about 15%, while Advanced Micro Devices (AMD), which is expected to close at another record high, has gained around 17%. Palantir, that is weathered…
