TechFlow News, April 24: The Kobeissi Letter (@KobeissiLetter) reported that AI-related stocks currently account for 45% of the S&P 500 Index’s total market capitalization—a record high—up 20 percentage points since the launch of ChatGPT in November 2022. Meanwhile, AI-related investment-grade debt has risen to 15.4%, making it the largest segment in the U.S. credit market—up 3.5 percentage points from 2020—and its outstanding value has nearly doubled to a record high of $1.4 trillion.
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