Tesla (TSLA) call put ratio 1.5 calls to 1 put with focus on June weekly (7) 170 puts
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
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BofA: Four reasons why Big Tech's reign will end
June 3, 2024 7:45 AM EDTAccording to analysts at Bank of America, the dominance of Big Tech may be nearing its end. As the "Magnificent Seven" tech giants have grown larger in the S&P 500, several macroeconomic and sector-specific trends signal potential challenges ahead, according to the bank.
Firstly, BofA points out that the primary driver of Tech outperformance has been... More

