The Federal Reserve finally pulled the trigger last week, trimming rates by a quarter-point and kicking off what many expect will be a full cycle of cuts running well into next year. Investors cheered the move – stocks barely paused before surging to fresh all-time highs. The S&P 500 has climbed 13% this year, while the tech-heavy NASDAQ is up an even stronger 17%. Rate cuts lower borrowing costs and tend to favor growth-oriented sectors, and once again, tech has been the clear beneficiary. AI c