"Every technology boom needs feeding, and today’s is hungrier than most. The insatiable appetite for AI is drawing capital and attention towards the companies at the centre of it."
"Any decision made other than on valuation is an irrational one.”
"When a rally is moving, it can be dangerous to try to stand in front of it — which helps to maintain the momentum. And with governments spending money as companies splurge on capex, the environment for equities is propitious. None of that changes the fact that if a rally is chiefly driven by liquidity and animal spirits. That would make it vulnerable to a sharp turn if the news worsens."
"The list of challenges confronting Wall Street have piled up: oil firmly above $100, inflation rising and the bond market rejecting Treasury Secretary Scott Bessent’s efforts to fight skyrocketing yields. Still, investors are sticking with their 2026 playbook, betting an artificial intelligence-fuelled earnings boom and a still-growing US economy can take the hit from expensive energy and higher interest rates."
"Every technology boom needs feeding, and today’s is hungrier than most. The insatiable appetite for AI is drawing capital and attention towards the companies at the centre of it."
"Any decision made other than on valuation is an irrational one.”
"When a rally is moving, it can be dangerous to try to stand in front of it — which helps to maintain the momentum. And with governments spending money as companies splurge on capex, the environment for equities is propitious. None of that changes the fact that if a rally is chiefly driven by liquidity and animal spirits. That would make it vulnerable to a sharp turn if the news worsens."
"The list of challenges confronting Wall Street have piled up: oil firmly above $100, inflation rising and the bond market rejecting Treasury Secretary Scott Bessent’s efforts to fight skyrocketing yields. Still, investors are sticking with their 2026 playbook, betting an artificial intelligence-fuelled earnings boom and a still-growing US economy can take the hit from expensive energy and higher interest rates."