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The AI stock trade is starting to shift beyond the ‘Magnificent 7’

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  • The AI stock trade is starting to shift beyond the ‘Magnificent 7’
December 31, 2024

By Josh Schafer  – Yahoo Finance

Next year, investors expect the hype to spread even further into areas like utilities and software stocks, which will continue to benefit from Big Tech’s large AI bet. Goldman Sachs chief US equity strategist David Kostin projects the S&P 500 (^GSPC) will reach 6,500 by the end of 2025 and that the rest of the market’s gains will come closer to those of large-cap tech stocks.

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1 Comment

  1. Rick Mills says:
    January 1, 2025 at 9:33 pm

    #utilities #softwarestocks #BigTech #AI #S&P500 #largecapstocks

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