What is the buzz
The split inside tech stopped being a divergence and became a decision. Monday’s session sent the semi complex down 4–5% — SMH −4.2%, SOXX −4.8%, the fabless basket −4.8% — while software rose against it: IGV +0.3%, cloud +1.5%, Palantir +2.6%, Datadog +1.0%, Cloudflare green. Two cohorts, opposite directions, and both landed exactly on …
