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Wednesday, October 21, 2026Updated 19:26 UTC

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Expanding AI trade is turning safety stocks into a 'Texas hedge'

Source: CNBC · Oct 21, 2026 17:14 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The growing AI trade is infiltrating traditionally safe sectors like utilities, making hedging more difficult.

Read the full story at CNBC

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