Is The A.I.-Pocalypse Near For Tech Stocks? | Fred Hickey

Thoughtful Money with Adam Taggart · Jun 18, 2024 · 1h 8m

So far this year, the top 10 stocks in the S&P 500 have accounted for more than 76% of the index's gain. This is the 2nd most concentrated reading for the S&P in the past 20 years. The highest percentage was 79%, achieved in 2007, right before the Global Financial Crisis. Are we in a new AI-powered Tech renaissance that will continuing powering the markets higher for years to come? Or are we risking a major market breakdown, putting all our hopes in a handful of companies that can't keep growing at the meteoric rates that Wall Street is expecting? For answers, we're fortunate today to speak…