Tech Stocks' Wounded Pride: Will Healthcare's Momentum Sustain? The tech sector rotation that has been underway for months shows no signs of abating, despite a brief stabilization attempt in June.
As investors continue to seek out defensive sectors and companies with visible earnings, healthcare is emerging as the new darling of the market. This shift reflects a fundamental reassessment of technology valuations.
Investors are no longer willing to bet on speculative growth narratives dependent on AI monetization.