US Tech Giants Shed Billions in Report Race; Analysts Seek Calm
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Investors are rapidly rotating out of high-flying winners on Wall Street, with moves described as potentially historic. High valuations and increased market nervousness are driving the shift, according to Nordnet's Carl-Henrik Söderberg, who notes there is 'no pardon' for laggards. The development signals a broad market repositioning that could amplify volatility.
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