The AI craze is overblown - and the S&P 500 will suffer if the 'Magnificent 7' stocks falter, veteran investor warns

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A handful of stocks have propped up the S&P 500 this year with the help of AI buzz.

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BlackRock, State Street and Vanguard are 'arguably the most powerful cartel in human history', Republican candidate Vivek Ramaswamy says

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Vivek Ramaswamy, a 2024 GOP presidential candidate, speaking in Des Moines, Iowa on July 28, 2023.
Vivek Ramaswamy, a 2024 GOP presidential candidate, speaking in Des Moines, Iowa on July 28, 2023.

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The AI-fueled hype around tech stocks has eclipsed the dot-com bubble - and a brutal sell-off may lie ahead, Bill Smead says

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Bill Smead
Bill Smead.

Smead Capital Management

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