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AI Theme Nears S&P 500 Majority, Matching Railroad-Era Share
One AI theme is nearing more than half of the benchmark, with the comparison reaching back to the railroad era.

One AI theme is nearing a majority of the S&P 500, a level of market concentration last seen during the railroad era in U.S. equity markets.
The theme is nearing more than half of the benchmark.
The item was published Oct. 8, 2026, at 9:05 a.m. ET.