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Magnificent Seven Dead? New AI Growth Cluster Rises | Raleigh News
Citi just dropped a bombshell: the “Magnificent Seven” tech giants aren’t the whole story anymore. Their data shows a new “growth cluster” — AI-driven stocks across six industries — is outpacing them with nearly 25% gains this quarter, while the Mag Seven only rose 2%. This cluster, making up half the S&P 500’s market value, trades at a 15-year low PEG ratio, offering better value. AI still powers 55% of the S&P 500, but the playing field is fragmented. Citi’s message? Ditch the old playbook — the next big moves are hidden in plain sight, beyond the seven. Listen in comfort:Get a discount on…
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