The Magnificent Seven Drove Markets. Now They're Pulling in Different Directions.
WSJ·2026-01-19 02:00
Core Insights - The AI trade that previously boosted the group's stocks is now unraveling, with most stocks underperforming compared to the overall market [1] Group 1 - The initial surge in stock prices was driven by enthusiasm for AI technologies, but this momentum is fading [1] - A significant number of stocks within the group are now lagging behind broader market performance, indicating a shift in investor sentiment [1] - The decline in stock performance suggests that the initial excitement around AI may not be sustainable in the long term [1]