AI stocks are increasingly moving in the opposite direction of the rest of the market:
The 40-day correlation between the US Broad AI Index and the S&P 500 ex-AI Index is down to -0.60, the lowest on record.
The correlation has now been negative since late-June, marking only
The 40-day correlation between the US Broad AI Index and the S&P 500 ex-AI Index is down to -0.60, the lowest on record.
The correlation has now been negative since late-June, marking only
