BREAKING 🚨
AI stocks have generated 67% of the S&P 500’s price return in 2024 🚀.
42 AI stocks added +22 points to the index’s +33% gain. The 458 stocks contributed only +11 points. AI firms supplied 58% of earnings growth and 81% of capex/R&D. Only 29% of stocks outperformed the S&P 500 in three years 📈.
Investors view AI as the market’s engine.
$S, $MAGIC, $S
AI stocks have generated 67% of the S&P 500’s price return in 2024 🚀.
42 AI stocks added +22 points to the index’s +33% gain. The 458 stocks contributed only +11 points. AI firms supplied 58% of earnings growth and 81% of capex/R&D. Only 29% of stocks outperformed the S&P 500 in three years 📈.
Investors view AI as the market’s engine.
$S, $MAGIC, $S