A shift away from artificial intelligence stocks is happening in the market due to increasing liquidity. The Fed has cut rates multiple times, prompting changes in market leadership. Emerging markets and industrials are performing well, offering a balance to tech-heavy portfolios dominated by the “Magnificent 7” stocks.

CEO Sophia Massie warns against going all-in on the AI trade, expressing uncertainty about the future dominance of one company in the AI sector. The market is pricing in the probability of one company emerging as a major player in AI, but the outcome remains unclear.

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1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling over 500 points. Investors are concerned about rising inflation and the potential impact on the economy.

2. Tesla reported record profits in the latest quarter, exceeding expectations and sending the stock price soaring. The electric car company continues to see strong demand for its vehicles and is expanding its production capacity.

3. The Federal Reserve announced that it will begin tapering its bond-buying program, a move aimed at curbing inflation. The central bank also hinted at potential interest rate hikes in the future, causing some uncertainty among investors.: Two ETF CEOs see a key market shift