JPMorgan Casts Doubt on Speculative Tech After 57% Rally

> The riskiest corners of the tech sector are outperforming their larger peers at the fastest pace in nearly six years. Now, many on Wall Street are sounding a warning to investors holding those stocks: Get out while you can. > A Goldman Sachs basket of profitless technology companies climbed 27% in May, beating the Nasdaq 100 Index by 17 percentage points for its strongest outperformance since November 2020. The group is up 57% so far this year compared with an 11% gain in the S&P 500 Index. Goldman Sachs’ basket erased early losses to climb around 0.2% in Monday trading. https://www.bloomberg.com/news/articles/2026-06-01/jpmorgan-traders-cast-doubt-on-speculative-tech-after-57-rally