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Alec Young covers the disparate factors impacting the market right now, from the “structural shift” of AI to the labor market and more. Within AI, he sees copper companies like Freeport-McMoRan (FCX) and energy companies benefitting directly as they physically create and power the data centers. However, he also expects blue chip companies like Home Depot (HD) to implement AI and benefit from using it. He thinks the U.S. is winning the AI race and that the President’s policies support our lead.

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