As Big Tech Profit Growth Slows, Investors Hunt for a New Thing

As Big Tech Profit Growth Slows, Investors Hunt for a New Thing

The stock market’s growth engine is running on fumes.

For years, investors have counted on the biggest technology companies to power equity indexes higher based on their strong earnings and expectations for even more profits in the future, most recently fueled by the development of artificial intelligence services. Those days appear to be over, at least for now. And it’s forcing investors to think of other ways to play the latest equities bull market as it enters its third year.

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