Yeah, what no one in the media mentions about the rally in big cap tech is companies like Microsoft that they have more cash then debt can make more money on their cash then they have to pay on there long term debt with the interest rates inverted. plus your still looking at decent growth. they are going to grow no matter if we go into a recession with A.I. that has been why the outward move that no one talks about. if we had a steep normal yield curve , that investment would cost them money. As we get a pause in rates and if the yield curve normalizes maybe smaller companies can grow faster. right now big cap tech has the cash. maybe at some point they try to break some big cap companies up. anti trust. some people asked why would MSFT buy activision. outside of any synergies it is a easy thing to do, a bolt acquisition that can add to earnings, its a no brainer. as long as big cap tech is earning money and they have more cash then debt no one can stop them. they earn more on there cash then they owe. and grow earnings faster then inflation. $Microsoft(MSFT)$