Big Take Podcast

Wall Street’s Great Rotation

For most of 2024, the Magnificent Seven were stock market darlings. Listen to the Big Take podcast to find out why Wall Street has a new favorite trade.

Photographer: Alex Kent/Bloomberg
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For most of this year, US markets were hitting fresh highs and investors were giddy about the potential of AI to make the world’s biggest tech companies even more profitable. Then, the picture changed. Welcome to the Great Rotation.