eToro survey shows 38% of retail investors more likely to back Magnificent 7 on AI spend
ETOR•eToro analysis found 38% of retail investors were more likely to invest in the Magnificent 7 because of AI spending, versus 15% less likely. Meanwhile, 43% expected the group to outperform in 2026, while 44% expected AI stocks broadly to gain, down from 55% a year earlier.
1. Investor views on AI
eToro analysis found retail investors remained net-positive on Big Tech AI spending: 38% were more likely to invest in the Magnificent 7, versus 15% less likely. Confidence in the group held, with 43% expecting it to outperform in 2026 and 10% expecting underperformance.
2. Broader investment trends
Optimism about AI stocks broadly cooled, with 44% expecting gains in 2026, down from 55% a year earlier; 18% now expect declines. Technology remained the top sector for increased investment at 20%, ahead of financial services at 12% and energy at 10%. The analysis also found 56% of respondents were using or open to using AI tools to pick or alter investments.
