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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
