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AI Swallows Wall Street: Stocks Hit Record 45% of S&P 500 Market Cap

BeInCrypto
AI-linked firms now represent a record 45% of the S&P 500 market cap and a significant portion of US investment-grade debt.

Summary

Artificial intelligence has profoundly reshaped US financial markets, with AI-related companies now accounting for a record 45% of the S&P 500 market capitalization. This dominance extends to the credit market, where AI-linked entities hold 15.4% of investment-grade debt, totaling $1.4 trillion. Major tech firms like Amazon, Alphabet, Meta, Microsoft, and Oracle have driven this surge, while the trend has also elevated international markets like Taiwan, where semiconductor growth has surpassed the UK market.

(Source:BeInCrypto)