A Big Tech Trade Is Losing Its Luster

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A Big Tech Trade Is Losing Its Luster
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Gone, some investors say, are the days in which the big-tech stocks logged a simultaneous ascent and attracted crowds of fans

The NYSE FANG+ Index, which tracks popular stocks like Meta Platforms, Apple, Amazon and Netflix, has tumbled 10% this year Meta Platforms, parent of Facebook, recently suffered the biggest-ever loss for a U.

S. company in a single stock-trading session.
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