Citi multi-asset strategists downgraded Technology stocks to Neutral, aiming to diversify away from the Magnificent 7 and increasing stakes in US small caps

Citi's downgrade of Technology stocks to Neutral suggests a shift in sentiment, likely driven by concerns over concentration risks in the sector, particularly with the Magnificent 7.

Newsquawk StaffPublished 20 Feb 2026, 11:26 UTCOn the live feed at 11:06 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

11:17

German Chancellor Merz says we are open to a new partnership with the US but we know we must shape our own fate

11:14

CK Hutchison (0001 HK) says it has requested the Panamanian Government to enter negotiations regarding the Co.'s continued operations of ports at both ends of the Panama canal

11:06

Citi multi-asset strategists downgraded Technology stocks to Neutral, aiming to diversify away from the Magnificent 7 and increasing stakes in US small caps

10:55

EU diplomats says envoys have failed to agree on the 20th sanctions package against Russia

10:40

An Iranian Air Force plane has reportedly been involved in an accident during an training exercise in Iran's Hamedan Province, Tehran Times reports

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Context

This implies that they believe the growth potential may be waning, prompting a reallocation towards US small caps, which could provide a more balanced risk-reward profile amid changing market dynamics.

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