Has the US stock market been hijacked by AI?
According to data from @KobeissiLetter: Since 2026, the S&P 500 has seen a net gain of $5 trillion in market cap, with AI stocks contributing a whopping $6 trillion, energy adding $200 billion,
and other sectors actually dropping by $1 trillion.
At the beginning of 2023, AI stocks only accounted for about 27% of the S&P 500 index market cap,
but now they make up 47%. In other words, AI is now half of the US stock market.
Is this a golden opportunity? FOMO? Or just a bubble?🫡
According to data from @KobeissiLetter: Since 2026, the S&P 500 has seen a net gain of $5 trillion in market cap, with AI stocks contributing a whopping $6 trillion, energy adding $200 billion,
and other sectors actually dropping by $1 trillion.
At the beginning of 2023, AI stocks only accounted for about 27% of the S&P 500 index market cap,
but now they make up 47%. In other words, AI is now half of the US stock market.
Is this a golden opportunity? FOMO? Or just a bubble?🫡