According to @CNBC, Rothschild downgraded two Magnificent Seven giants, citing reduced conviction in the AI trade, putting focus on tech leadership and risk sentiment across assets, source: CNBC. The Magnificent Seven’s heavy index weights mean single-stock rating changes can disproportionately impact S&P 500 and Nasdaq 100 performance, heightening cross-asset sensitivity to AI-related calls, source: S&P Dow Jones Indices. BTC and ETH have shown a positive but time-varying correlation with the Nasdaq 100, so tech risk repricing around AI narratives has historically coincided with crypto volatility, source: Kaiko Research. AI-linked crypto tokens such as RNDR, FET, and AGIX have historically reacted around AI equity catalysts like Nvidia earnings, making AI equity downgrades relevant for crypto risk monitoring, source: Kaiko Research.