00:00It's Benzinga bringing Wall Street to Main Street.
00:02The S&P 500 is up less than 1% in 2026, but individual stocks have posted sharp swings,
00:09according to the Wall Street Journal. Microsoft has fallen 18% and lost over $500 billion in
00:16market value, while Intuit has dropped 37%. Sandisk shares have nearly tripled,
00:22and Texas Pacific Land has gained 85%. Barclays' data through February 13th shows the index has
00:28traded within a 2.7% range, while the average stock has moved in a band about seven times wider,
00:35the largest gap since at least 1994. Investors are rotating between AI infrastructure plays and
00:41lagging sectors, such as energy and materials. Some investors say the current surge in single
00:46stock dispersion recalls the late 1990s bubble, while others view the pullback in software shares
00:51as a buying opportunity for companies that could benefit from AI. For all things money, visit Benzinga.com.
00:58at the end of the year.
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