Apollo Global Management chief economist Torsten Slok said aggregate financial metrics for the 493 S&P 500 companies outside the Magnificent Seven show no clear evidence of AI-driven financial gains since 2022, with revenue per worker and profit margins remaining broadly flat.
Separately, the International Monetary Fund (IMF) has warned that an AI-market correction could threaten global financial stability as falling valuations, forced selling and tighter credit spread losses beyond the technology sector.