Stock market rotation out of AI is just getting started, analysts say

Investors rushed out of the AI ​​sector last week and rushed into materials, industrials, financials and healthcare, representing a sector rotation that could persist, Wall Street analysts say. Oracle stock led AI’s latest selloff after the hyperscaler’s earnings report and spending forecast renewed fears about excessive capital spending. Jeremy Siegel, Wharton professor emeritus and WisdomTree…

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