Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.

There are a lot of opportunities to acquire world class technology and talent at a significant discount if you have the cash. As importantly, cheap(er) money is on its way back.

Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo rate cut from the Fed.

Information technology’s share of the S&P 500’s total market value has been shrinking, but other sectors will take up the slack.