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Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA) Tumble as Sector Rotation Hits Tech Stocks

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The Story

News Summary

  • The iShares U.S.
  • Equity Factor Rotation Active ETF, heavily weighted in tech stocks like Apple, Microsoft, and Nvidia, has underperformed recently as investors rotate into energy and industrial sectors, signaling short-term headwinds for these tech giants despite long-term growth prospects.
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AAPL price history

332.27 +20.75% over the displayed period

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