Morgan Stanley: Big Tech’s dominance in jeopardy in 2025
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2025-01-03 06:02 2,564
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Golden Finance reported that as profit growth slows, technology giants that contributed more than half of the S&P 500 Index’s 23% rise last year may find it difficult to dominate the market in 2025. The profit slowdown "might surprise some hardcore investors who were betting on these very high double-digit growth," Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, said Thursday. "The idea that they as a group can trade together and lead the market may be shaken in 2025."