The tech sector (XLK) may be on the verge of a rebalancing due to concerns over market concentration. As the biggest tech giants like Apple (AAPL), Nvidia (NVDA), and Microsoft (MSFT) continue to drive market gains, a concerning level of concentration has emerged within the technology space. However, such a move could have far-reaching implications for the companies themselves and the broader markets.
Yahoo Finance’s Jared Blikre breaks down the details, shedding light on the implications for individual stocks and the overall market.
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