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In the world of investing, we're often
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told that tech is king and retail is
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dead. But right now, the stock market is
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telling a very different story. For the
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first time ever, 140-year-old British
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supermarket icon Marks and Spencer is
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worth more than global social media
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giant Snapchat. M&S stops trying to be
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cool and started being good. Under its
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new chief executive, they've leaned into
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food quality and supply chain
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fundamentals, proving that a solid
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grocery business is more resilient than
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a volatile tech platform. This isn't
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just about Snapchat. It's a trend across
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the buzzy tech sector. Even Cloner, the
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buy now pay later giant, has seen its
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value slashed in half since its recent
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IPO and is now also worth less than M&S.
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Investors are shifting their focus from
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potential growth at any cost to reliable
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cash generating businesses. Is the age
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of tech dominance over or is M&S just an
