The S&P 500's Uncomfortable Secret: A Market Held Hostage by AI The latest numbers from Wall Street are cause for concern, even among seasoned investors.
Lance Roberts, chief investment strategist at RIA Advisors, has been sounding the alarm on a market phenomenon that is both fascinating and terrifying: the dominance of AI infrastructure stocks in the S&P 500.
On the surface, an 8% lift in 2027 EPS estimates for the index seems respectable. However, this growth is concentrated in a select few, with semiconductors and NVIDIA leading the charge.