Published on 31 May 2024 on Motley Fool via Yahoo Finance
The stock market has gotten off to a roaring start in 2024. Both the S&P 500 and Nasdaq Composite are trading at record levels, and the momentum doesn't appear to be slowing down.
One of the big contributors to market gains this year is big tech. Indeed, the "Magnificent Seven" stocks have become synonymous with all things related to artificial intelligence (AI).