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Bull Trader USA

Why the Fed’s pivot on inflation is hitting certain tech stocks so hard, while helping Apple

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hearing on the CARES Act Oversight at the Senate Office Building on Tuesday, Nov. 30, 2021 in Washington, DC.

Kent Nishimura | Los Angeles Times | Getty Images

The “Powell Pivot” is causing big moves in tech valuations.

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