Big Tech companies are screwing the average investor — here's how

The article argues that soaring Big Tech share prices and a reluctance to enact stock splits are making it harder for average retail investors to participate in the AI-driven rally. It highlights high nominal prices—Nvidia above $200, Micron near/above $900, Microsoft around $440, Alphabet $379—and reviews recent split histories (Nvidia 10-for-1 on June 7, 2024; Microsoft last split in 2003; Alphabet 20-for-1 in 2022). The author contends many boards don’t prioritize retail access and cites Wedbush analyst Dan Ives’ view that more tech splits may come later in the year. Market impact: without more splits, higher-priced names could limit new retail inflows and shape investor composition of tech rallies, potentially reinforcing momentum-driven moves in large-cap tech names while reducing small-dollar participation.