New market commentary from T. Rowe Price discusses technology investing, positing that we are relatively early in a golden age for technological innovation. We can expect unprecedented value creation by giant companies and nimble emerging leaders. E-commerce, online advertising, and cloud computing are still in the early innings, and newer trends such as autonomous vehicles and artificial intelligence offer huge growth potential. Earnings for technology companies should remain healthy, but valuations are more of a concern in certain areas.

T. Rowe Price: July 2018 Price Point – Global Technology