Business

More pain may be coming for the AI trade. Why I’m not giving up on it

CNBC·Oct 25, 2026 · 4:13 PM CT
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In a CNBC column, the writer argues that the artificial intelligence trade is unwinding, starting with Meta after news of a huge prospective capital raise to fund its AI buildout. He warns Microsoft, Alphabet and Amazon could see similar pressure around this week's earnings and favors consumer staples for now, while saying he is not giving up on AI over the long run.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at CNBC.

Read the original at CNBC

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