▶️Mind-blowing stats of the day:
AI-related stocks now account for a record 45% of the market cap of the S&P 500.
This percentage has surged +20 points since November 2022, when ChatGPT dropped.
Additionally, a record 15.4% of investment-grade debt is now tied to AI, making it the largest sector in the U.S. credit market.
This figure has climbed +3.5 points since 2020.
This comes as AI-linked debt has nearly doubled during this period, hitting an all-time high of $1.4 trillion.
Never before has a single theme dominated both the equity and credit markets in the U.S. to this extent.
#AI #SP500 #EEUU #chatgpt #MarketRebound @CoinDesk @Cointelegraph @CoinMarketCap $USDC
AI-related stocks now account for a record 45% of the market cap of the S&P 500.
This percentage has surged +20 points since November 2022, when ChatGPT dropped.
Additionally, a record 15.4% of investment-grade debt is now tied to AI, making it the largest sector in the U.S. credit market.
This figure has climbed +3.5 points since 2020.
This comes as AI-linked debt has nearly doubled during this period, hitting an all-time high of $1.4 trillion.
Never before has a single theme dominated both the equity and credit markets in the U.S. to this extent.
#AI #SP500 #EEUU #chatgpt #MarketRebound @CoinDesk @Cointelegraph @CoinMarketCap $USDC