Google: Investment Firm and Phi Bak

google: But Phi Bak, CEO of investment firm Exponential ETFs, thinks that investors may be taking on a little too much risk these days, according to CNN. The Nasdaq has surged nearly 25% this year as people have plowed into the so-called FAANG stocks Facebook FB Amazon AMZN Apple AAPL Netflix NFLX and to a lesser extent Google GOOGL owner Alphabet. That pretty much sums up how the market has been doing lately. Microsoft MSFT which is now worth more than 1 trillion, has also skyrocketed. More to the market than Big Tech Read More Exponential ETFs runs the Reverse Cap Weighted US Large Cap ETF RVRS a fund that's a twist on the blue chip S&P 500, which is market-weighted and has a heavy focus on FAANG. Exponential takes the S&P 500 and flips it, so smaller companies like retailers Nordstrom JWN Gap GPS and L Brands LB mall owner Macerich MAC and financial firms Jefferies JEF and Affiliated Managers Group AMG are the largest holdings instead of Big Tech. Why Google is missing out on the tech rally Bak told CNN Business that value stocks are getting left behind, as investors focus too much on the likelihood of interest rate cuts juicing the broader market which has been largely concentrated in the tech sector. (news.financializer.com). As reported in the news.