Move Over Mag 7: Ed Yardeni Says AI Will Now Benefit The 'Impressive 493' Among S&P 500 - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
Benzinga·2025-12-24 11:13

Ed Yardeni, president of Yardeni Research, believes the era of unchecked dominance for the ‘Magnificent 7’ tech stocks is waning, arguing that the artificial intelligence (AI) boom is poised to benefit the broader range of companies he calls the “Impressive 493.”The End Of Tech KingdomsSpeaking to CNBC, Yardeni compared the previous tech landscape to a “Game of Thrones” scenario, describing the tech giants as “seven independent kingdoms” that prospered behind unique business moats.However, the rapid rise of ...