The market is running on 3 assumptions. One of them is wrong long term.
→ 1) AI infrastructure is the loser: right, but narrow. The real damage is in the pure-play data center names (Vertiv −13%). The −10–12% hit to grid builders like Quanta and Eaton is an overreaction.
→ 2) If the capex pauses, the hyperscalers get relief: true today, but long term Microsoft $MSFT and Amazon $AMZN are the ones who get hurt.
Watching: $BTC
#AI #Stocks
→ 1) AI infrastructure is the loser: right, but narrow. The real damage is in the pure-play data center names (Vertiv −13%). The −10–12% hit to grid builders like Quanta and Eaton is an overreaction.
→ 2) If the capex pauses, the hyperscalers get relief: true today, but long term Microsoft $MSFT and Amazon $AMZN are the ones who get hurt.
Watching: $BTC
#AI #Stocks
