Strategists at Goldman Sachs signaled a ‘grim shift’ in market leadership as software stocks staged a notable rebound. They highlighted that sectors which underpinned recent performance, including financials, may lag if the tech rally persists.

Bank of America, as a major financial services provider, could see reduced investor interest if capital flows continue toward software and growth-oriented names. A sustained rotation may translate into underperformance for its stock relative to the broader market.