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Big tech is preventing new stock-market highs due to the changing way investors play the AI trade, says this top strategist

MarketWatch · Jun 11, 2026, 11:07 AM · Also reported by 4 other sources

Nomura’s Charlie McElligott says investors are finally waking up to the problems with a market that is too concentrated on AI leadership.

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Big tech is preventing new stock-market highs due to the changing way investors play the AI trade, says this top strategist

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