Asks if worst of selling in AI/software ecosystem is behind us after recent shakeout and short squeeze.
speaker1
speaker2
Sees recent selloff as opportunity to buy software sector, which commands premium over broader IT. AI empowers software companies by shortening coding time and enabling workflow efficiencies.
Asks if pullback could broaden rally to other parts of US economy, and which sectors to have exposure to.
speaker1
speaker2
Tech sector has strong earnings drivers, but better-than-expected macro data in 2025 and upgraded global growth outlook for 2026 bodes well for other sectors.
Notes robust US earnings vs mixed Europe, with more analyst downgrades than upgrades since end of 2025. Asks how this sets stage for European equities outlook.
speaker1
speaker2
European equities dependent on few sectors like financials and industrials. Expects continued mixed bag, has region at neutral.