Magnificent-7’s Dominance Waning: Is Cryptocurrency Seizing Opportunity?

Analysts at Bank of America predict a shift in market focus as the dominance of megacap stocks like Apple, Tesla, and Amazon may be coming to an end. This change could result in increased participation from smaller and more diversified companies. The bank’s research reveals that the top 50 U.S. companies have consistently outperformed the S&P 500 since 2015, a trend mirroring the dot-com era before the crash. Now, however, smaller businesses are closing the performance gap, suggesting a potential shift in market leadership.