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The so-called Magnificent Seven is losing its shine, and sharp money is moving. MarketWatch reports that tech investors are quietly rotating into five S&P five hundred names flying under the radar on AI adoption — companies building real infrastructure plays without the valuation baggage that's dragged the mega-cap trade lower this year.
That AI rotation story gets more complicated when you layer in Washington's next move. The Trump White House is reportedly weighing a ban on Chinese AI models, a significant escalation in the technology cold war. Beijing's models are delivering comparable performance at a fraction of the cost of American versions, and that price pressure threatens to dampen investor appetite for marquee IPOs like Anthropic and OpenAI, whose valuations depend heavily on perceived market dominance.
Staying with energy and technology, clean energy deal flow is accelerating, and the catalyst is data centers. The explosive power demand from AI infrastructure is driving a boom in clean energy tech investment, with developers racing to lock in renewable supply agreements before grid constraints tighten further — a dynamic reshaping capital allocation across the utilities and infrastructure space.
That's the tape. Markets Desk, signing off the floor.
