**Tech Giants' Bull Run May Be Ending, Investors Eye Diversification**
The "Magnificent Seven" tech stocks—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—might be losing their shine. According to Sandeep Rao, a senior researcher at Leverage Shares, investor enthusiasm is waning due to underwhelming advancements in artificial intelligence (AI).
Rao points out that AI hasn't significantly cut human labor costs, leading to investor disappointment. This could prompt a shift towards more diversified investments.
Despite Nvidia's impressive 117% year-to-date gain, all seven stocks saw declines last month, with Tesla dropping over 21%. This trend could also impact Bitcoin prices, as investors move away from riskier assets.