Hedge Funds Shift Focus to Utility Stocks Amid AI Boom
Hedge funds are increasingly investing in utility stocks, which have become popular due to their vital role in the artificial intelligence sector. This trend highlights a fascinating shift in investor preferences from traditional tech stocks to companies that provide critical energy and resources for the booming AI industry. These old-school power companies now captivate hedge funds eager to harness the growth potential of AI technology. This investment direction reflects a larger trend of integrating AI across various sectors, underpinning the financial decisions of firms looking to tap into stable, yet dynamically evolving markets.
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