Ariel Focus Fund Q3 2025 Commentary
Seeking Alphaยท2025-10-24 02:00Richard Drury/DigitalVision via Getty Images U.S. equities advanced meaningfully in the third quarter, propelled by the Federal Reserve's first rate cut of the year, robust corporate earnings growth, and broadening market participation. Investor enthusiasm for artificial intelligence continued to drive outsized gains in technology, particularly among the Magnificent Seven 1 , while small caps outperformed as capital rotated into undervalued segments of the market. Despite persistent concerns around tari ...