Big Tech

Tech Giants Tumble Anew in Momentum-Trade Unwind

Rotation out of megacaps into value and small caps accelerates.

Bloomberg
Big Tech

When a small set of mega-cap names dominates index performance, a shift in sentiment can move the whole market quickly.

What to know

  • Momentum reversals often hit the most crowded trades first.
  • Index concentration makes “tech moves” feel like “market moves.”
  • Investors watch whether dips lead to rotation or broader de-risking.

Source: https://www.bloomberg.com/news/articles/2026-02-03/stock-market-today-dow-s-p-live-updates