Latest Interviews

Still Bullish on Big Tech

Peter Callahan, Mike Washington

In the second quarter, major technology companies surpassed market expectations by accelerating growth in e-commerce, cloud, and digital advertising, driven primarily by widespread artificial intelligence adoption. This momentum has coincided with rising capital expenditures on AI infrastructure, while analysts project a multi-year expansion cycle that remains resilient despite macroeconomic uncertainties regarding interest rates and tariffs. Although the current market rally is heavily concentrated in large-cap stocks, investors anticipate a potential catch-up trade in smaller-cap tech firms later in the year as inflation data and the Jackson Hole symposium provide new catalysts.