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Personal capital finance tech megacaps drove nearly half of
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Tech megacaps drove nearly half of Nasdaq’s weekly gain, pushing personal capital finance benchmarks higher. Analysts underscore the role of cloud computing expansion and AI services in sustaining elevated P/E ratios across the sector. 68% of participants opened their first savings account 42% developed personal budget plans 27% average increase in savings rates among participants This is far higher than most other savings accounts that only offer $250,000 in FDIC insurance. Even other cash management accounts, like the Betterment Cash Reserve, only offer up to $2 million in FDIC insurance. Personal capital finance reports highlight increased allocation to dividend-paying stocks within consumer staples, as core CPI trends ease. Investors are recalibrating risk levels, expecting defensive sectors to outperform in early Q