S&P 500 Ends Longest Streak of Calm Since 2020 as AI Trade Sinks
THE SO WHAT
The end of the S&P’s calm streak driven by an AI trade pullback is a reminder that ‘AI beta’ is now a macro factor, not just a tech story. If your valuation or budget depends on AI narratives, expect more volatility in board expectations and financing terms as this trade whipsaws.
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