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Andreas Steno Larsen, founder & CEO, reported that AI-related stocks have reached their highest level ever as a percentage of the S&P 500.
He emphasized that the influence of artificial intelligence on the stock market is now at an unprecedented scale.
Steno Larsen has commented previously on market expectations, noting that participants believed oil shipments would resume soon and conflict would quickly resolve. He has also observed that 10-year Treasury yields and Brent futures reached new highs. His latest remarks add to recent commentary on shifting market drivers.