AI Momentum Drives 2Q Earnings: Markets Snapshot
Спикеры
Madison Faller
— Глобальный инвестиционный стратег, J.P. Morgan Private Bank
Remi Olu-Pitan
— Глава отдела роста и дохода мультиактивных портфелей, Schroders
Jim Zelter
— Сопрезидент Apollo Global Management
Andrea Auerbach
— Cambridge Associates
Sharon Bell
— Goldman Sachs
Mark Cudmore
— Исполнительный редактор, Bloomberg Live / Макростратег
Guests discuss AI momentum, earnings, and global equity outlook. Views include buying Asia dips on earnings momentum, European earnings resilience due to commodities, overweight hyperscalers on capex confidence, and aggressive dip-buying if inflation stays benign.
- Madison Faller sees Asia pullbacks as leverage-driven and a buying opportunity for the next 12 months.
- Remi Olu-Pitan expects European earnings to surprise positively, aided by commodity stocks.
- Sharon Bell doubts AI capex broadening, still seeing concentration.
- Jim Zelter calls hyperscaler earnings positive as long as capex is not cut.
- Mark Cudmore warns that high expectations may lead to disappointment.
- Andrea Auerbach advocates buying equity dips aggressively with a 2027 horizon.
Идеи
Leverage-driven Asia pullbacks are buying opportunity
Pullbacks in Asia are driven by leverage participants, not fundamentals, and earnings momentum will remain strong for the next 12 months, providing a buying opportunity.
European earnings good, commodity stocks help
European earnings will probably be pretty good this year, supported by the large weight of commodity stocks in the index, despite the energy crisis and lack of energy independence.
Hyperscalers positive as long as capex maintained
This earnings season will be positive for the AI trade as long as hyperscalers do not cut CapEx plans. No cut is expected this earnings season, but if one happens, it would be a massive game changer and the AI trade would be over.
Buy equity dips hard for 2027
If the benign inflation outlook and decent earnings outlook prove correct, investors should aggressively buy dips in equities with a horizon to 2027.
Далее
This Bloomberg Markets video, published July 17, 2026, features Madison Faller, Remi Olu-Pitan, Jim Zelter, Andrea Auerbach discussing AAXJ, STOXX Europe 600, MSFT, AMZN, GOOGL, META, SPY. 4 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Madison Faller, Remi Olu-Pitan, Jim Zelter, Andrea Auerbach · Tickers: AAXJ, STOXX Europe 600, MSFT, AMZN, GOOGL, META, SPY