AI Trade, Alphabet, Meta Lose Steam As Medical And Energy Sectors Attract Investors
Investor's Business Daily · SCOTT LEHTONEN ·
Investors are rotating out of the AI trade, along with Alphabet and Meta, and into more value-oriented sectors like medical and energy.
Stock market leadership has been fundamentally shifting as investors rotate out of capital-intensive artificial intelligence infrastructure stocks, like hyperscalers Alphabet (GOOGL) and Meta Platforms (META), and into value-oriented sectors. This money rotation is driven by increasing skepticism about near-term monetization of massive ongoing AI capital spending. The medical and medical software and energy industry groups are at the forefront of…
AI Trade, Alphabet, Meta Lose Steam As Medical And Energy Sectors Attract Investors
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