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Chart Of The Day: Big Tech Vs. Main Street

Seeking Alpha·MoneyShow·23 days ago
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Home Market Outlook Today's Market Summary There is an increasing bifurcation in performance between big tech stocks and Main Street ones. The MoneyShow Chart of the Day shows the 1-year performance for a range of ETFs, including the iShares Semiconductor ETF at one end of the spectrum and the State Street SPDR S&P Homebuilders ETF at the other. If we're going to have an all-oars-rowing-together market rally, we're going to need consumer names to get on board before long. By Mike Larson The battle between technology companies and “Main Street” keeps heating up - not just in the real world, but in the stock market. How it unfolds could mean a lot for your portfolio in the coming year. Business Insider ran a story called “ America’s Hottest NIMBY Issue: Data Centers ” in February - and the debate has only gotten louder since then. Big Tech wants to build behemoth data centers all over the country to power the AI boom...…

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