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-0.00120048019207676 -0.000960384153661444 -0.000240096038415318 -0.000720288115245955 -0.00192076830732289 -0.00192076830732289 -0.00192076830732289 -0.00192076830732289
Stock impact report

Market Outlook: Tech slides on AI worries as investors brace for pullback [BNN Bloomberg (Canada)]

Lincoln National Corporation (LNC) 
Last lincoln national corporation earnings: 2/5 04:15 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Some portfolio managers warn a deeper correction could still lie ahead after years of tech-led gains. BNN Bloomberg spoke with Mike Vinokur, portfolio manager and senior wealth advisor at iA Private Wealth, who said his team has raised cash above 30 per cent in equity accounts and is preparing to deploy capital selectively into undervalued names if markets weaken further. Key Takeaways The Nasdaq is roughly five to six per cent below recent highs, but some investors believe a deeper correction of about 10 per cent would not be surprising. High earnings multiples in large-cap tech are being reassessed as growth expectations moderate and AI-related spending pressures free cash flow. Portfolio managers are increasing cash positions, in some cases above 30 per cent, while waiting for more attractive entry points. Rotation into other sectors is underway after several years of tech outperformance. Select value opportunities exist in life insurers and auto parts manufacturers w Show less Read more
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