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Back Fundamental analysis
Market identifies laggards
The AI technology boom is back.
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The AI technology boom is back. That's evident not only from support coming out of the White House but also from the return of concentration dynamics in the equity market. Since ChatGPT's arrival in 2022, the Nasdaq 100 has consistently outperformed its market-cap-weighted counterpart. That means its rally has been driven by a handful of companies while the rest of the market fails to keep pace. The index's fresh record high reinforces that point. Nasdaq 100 vs. equal-weighted index dynamics Half of
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Marek Petkovich,
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