Seven Unknown AI Stocks That Could Dominate the Next Six Years

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Trump, a populist president, is flanked by tech billionaires at his inauguration

ALI SWENSON
January 20, 2025

NEW YORK (AP) -- Some of the most exclusive seats at President Donald Trump's inauguration on Monday were reserved for powerful tech CEOs who also happen to be among the world's richest men.

That's a shift from tradition, especially for a president who has characterized himself as a champion of the working class. Seats so close to the president are usually reserved for the president's family, past presidents and other honored guests.

Photos show the tech CEOs mingling with several of Trump's picks for the Cabinet, including Robert F. Kennedy Jr. as health secretary and Marco Rubio as secretary of state.

In one image, Rubio looks on from the background, facing a lineup of tech's wealthiest leaders. Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, stand beside Amazon CEO Jeff Bezos and his fiancee, Lauren Sánchez, along with Google CEO Sundar Pichai and Elon Musk, one of Trump's closest advisers. The world's wealthiest person, Musk also runs Tesla, SpaceX and the social platform X.

Also at the Capitol for the day's events were Apple CEO Tim Cook and TikTok CEO Shou Zi Chew.

The mega-rich have long had a prominent role in national politics, and several billionaires helped bankroll the campaign of Trump's Democratic opponent, Vice President Kamala Harris. Biden recently gave the Presidential Medal of Freedom to George Soros, a billionaire donor to liberal causes.

But the inaugural display highlights the unusually direct role the world's wealthiest people will likely have in the new administration. In his outgoing address, then-President Joe Biden warned that the U.S. was becoming an oligarchy of tech billionaires wielding dangerous levels of power and influence on the nation.

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The Associated Press receives support from several private foundations to enhance its explanatory coverage of elections and democracy. See more about AP's democracy initiative here. The AP is solely responsible for all content.

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