The rest of the market is leaving Big Tech behind after a historic comeback
THE SO WHAT
AI-led Big Tech names carrying the market in September and then lagging in October suggests investors are starting to separate AI story from near-term earnings delivery. If you’re a non-megacap with real cash flow, this is an opening—position AI as an efficiency lever, not just a narrative, and you may find incremental attention from funds rotating out of crowded trades.
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