As many expected, the Federal Reserve cut rates by 50 basis points on Wednesday. It is the central bank’s first rate reduction in four years. Predictably, that move sparked a rally in stocks, one led in large part by the Nasdaq-100 Index (NDX). The index is chock full of technology and artificial intelligence (AI) equities. [...] The post Rate Cuts Could Be Exactly What AI Stocks Needed appeared first on ETF Trends .