S&P 500 ex-AI stocks down 5% since late August despite near-record index
ylecun · x · 2026-10-02
Investor Steve Rattner shared a chart on Morning Joe showing that while the S&P 500 sits near record highs, stripping out AI companies leaves the index down 5% since late August. Yann LeCun amplified the data point, underscoring how heavily overall market performance currently depends on a small set of AI-related names.
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