The information technology sector now accounts for a record 39% of the S&P 500's total market capitalization.
This figure has more than doubled since the onset of the 2020 pandemic.
This figure also now exceeds the 2000 dot-com bubble peak of ~33% and the energy sector's peak of ~31% in the 1980s.
Including online retailers and digital media platforms like Amazon, $AMZN, and Netflix, $NFLX, technology now accounts for a record 50% of the S&P 500's market value.
By comparison, this same group accounted for only 29% of the index at the peak of the dot-com bubble.
😳Grayscale urged Strategy to sell $3 billion worth of Bitcoin
📉Strategy shares hit record low
💰Bitwise invests $114 million in HYPE on the Hyperliquid platform, doubling its spot ETF
🚀Michael Saylor hints at further Bitcoin purchases despite Strategy's continued decline
📈Altcoin S developers suspended the issuance of new tokens; the price responded with a rise
👨💻Analyst: If Congress doesn't pass the CLARITY Act, China could increase its influence on digital asset standards.
👥Bitcoin's price decline has caused investors in BlackRock's BTC ETF to lose 40%
📊BTC and ETH funds in the spot market showed net outflows, while XRP and HYPE funds in the spot market recorded net inflows.
👨💼Galaxy Digital CEO: "A decline in confidence led by MicroStrategy" is driving a Bitcoin selloff
👨💻Analyst: Buying Bitcoin at the current level could be one of the most attractive long-term entry points in recent years. The Bitcoin price has again approached a level that, in past cycles, often coincided with the start of major accumulations.
Meanwhile, Trump unveiled a new design for a special commemorative US passport featuring his image, which will be issued in a limited edition to mark the 250th anniversary of the United States.
BREAKING: Volkswagen has fallen -72% over the past 5 years.
The stock now trades at a P/E ratio of just 6.09, with a market cap of approximately $43 billion, despite annual revenue of approximately $366 billion.
Volkswagen just completely ceased production of the all-electric ID.4 at its Tennessee plant, redirecting that capacity back to gasoline and hybrid models.
Group deliveries for the first quarter of 2026 fell 4% year-on-year. Audi deliveries in the same quarter fell 6.1%. Porsche deliveries also fell sharply, hit by weak demand in both China and the US.
US tariffs alone cost Volkswagen €2.9 billion in 2025. Deliveries in North America fell by more than 10% that same year.
For such a large company, losing ground in two of its largest markets simultaneously is a real structural problem.
Multicoin predicts $HYPE will soar more than 400% to $319 by 2028, arguing that the market is seriously undervaluing Hyperliquid as it evolves into a general-purpose exchange.