Four Tech Titans Propel Stock Market to New Highs on AI Hopes The record stock market gains are heavily reliant on a few large tech stocks, primarily driven by excitement around AI. Nvidia, Microsoft, Apple, and Alphabet alone added over $1.4 trillion in value this month, more than all other S&P 500 stocks combined. Nvidia, boosted by AI demand, accounted for half of this gain. While AI has spurred significant growth since the launch of ChatGPT in late 2022, concerns arise that the surge may resemble the unsustainable profit levels seen in the 2007 banking sector rather than a pure stock bubble. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Rising Tide of Global Debt Set to Elevate Yields, Predicts Goldman Sachs READ MORE Oil Prices Set for Stability in 2024, Say Industry Experts READ MORE Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 READ MORE ZeroHedge: Speculative Froth Departing Gold as China Tightens Trading Conditions READ MORE Historic $72 Million Coin Auction Set a Century After Magnate's Will READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment