Uploaded July 2024 | Updated September 2026, 1 week ago

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Big tech stocks have hoarded most of the AI winnings, but Jay Jacobs, U.S. Head of Thematic and Active ETFs at BlackRock, says it’s just a matter of time before the wealth trickles down to a larger pool of companies. The catalyst for that to happen could be interest rate cuts by the end of the year, he added.

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