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Midyear Market News: 'Unusual' Stock Rally and Today’s Sticky Inflation

Investing Insights

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The AI Boom Fits Into the Stock Market's Rally

AI has helped rescue tech stocks from the doldrums after last year's bloodletting. Nvidia is probably the biggest name they're at in front, and so that's played a big part in the rally. As with any time when you get a lot of euphoria in the market about a particular topic,. there's also going to be hype and names that get lifted along with that.

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