What rising rates mean for AI stocks and your portfolio

The U.S. Federal Reserve’s latest rate hike is reshaping the investment landscape, from the Magnificent Seven to AI infrastructure and utility stocks. Ashish Utarid, Assistant Vice-President of Investment Strategy at IG Wealth Management, breaks down why a crowded stock market is most vulnerable when rates rise, what the hidden cost of AI's boom means for your portfolio, and how to position yourself when the landlord starts raising the rent.