Institutional prediction: The seven tech giants will lead the rise of the US stock market, and AI concepts are favored again.

Kathleen Brooks, an analyst at a financial brokerage, said in a report that after the ceasefire was announced in the Israeli-Iranian conflict, stock investors preferred technology and artificial intelligence-related stocks over defense stocks. Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, and Tesla, the 7 leading tech stocks, or "Magnificent 7," will continue to rise. "With the market once again focusing on AI trading, these seven companies have a good chance of leading the U.S. stock market higher," Brooks said. "