Barclays analysts believe Big Tech strength will continue, supported by strong fundamentals and earnings growth.

From Investing:

Barclays analysts predict the strength of big tech stocks will continue in the near to medium term, driving high concentration in US equities. The market cap and contribution to returns by big tech companies like AAPL, AMZN, GOOGL, META, MSFT, and NVDA have raised concerns of a Dotcom bubble repeat. However, Barclays believes US equities are fundamentally supported, especially in terms of earnings growth and scarcity of such growth in the market. Therefore, they anticipate continued support for Big Tech in the coming months.



Read more at Investing: Barclays says Big Tech strength is here to stay By Investing.com