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Mag 7 Magic Fades: The AI Trade Splits Into Winners and Losers | Lavamgam

Stocks

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Mag 7 Magic Fades: The AI Trade Splits Into Winners and Losers

The S&P 500 is up 9% in 2026 — while the "Magnificent Seven" is down 1% over the same stretch, per Vanguard. The AI trade has stopped moving in lockstep, and Friday's close proved it: the indexes snapped weekly losing streaks, but only because one stock carried them.