Cathie Wood’s ARKK falls 60% from its peak, erasing all post-pandemic gains

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Top Tech Stocks for May 2022

The technology sector is composed of businesses that sell goods and services in electronics, software, computers, artificial intelligence (AI), and other industries related to information technology (IT). The sector includes companies with the largest market capitalizations in the world, such as Apple Inc., Microsoft Corp., and Amazon.com Inc. Tech stocks, represented by the Technology Select Sector SPDR Fund (XLK), have slightly underperformed the broader market over the past year.