It was a wild week for investors and markets. DeepSeek dealt a blow to Magnificent 7 stocks, calling into question the market concentration that has an effect on broader equity markets. Former US Treasury Secretary Lawrence H. Summers says investors are ignoring obvious risks in the markets. Lori Calvasina of RBC Capital says the Mag 7 stocks are overpriced. David Kostin of Goldman Sachs talks about the influence of Mag 7 stocks on broader markets.
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