How Investors Will Be Using AI in 2026

Watch on YouTube ↗  |  January 02, 2026 at 20:55  |  6:55  |  Bloomberg Markets
Speakers
Jannick Malling — Co-Founder & Co-CEO, Public.com

Summary

Jannick Malling, Co-Founder and Co-CEO of Public.com, discusses how retail investors are using AI, crypto demand, and his 2026 macro outlook. He expects Nvidia to remain a top retail trading name, sees durable long-term demand for Bitcoin and crypto, and says expected rate cuts should support risk-on assets and long-duration tech. He also describes a K-shaped U.S. consumer that favors upper-income-facing companies and outlines Public.com's AI-generated bespoke investment products.

  • Malling expects Nvidia to remain a major retail trading focus into 2026.
  • He sees strong long-term demand for Bitcoin and crypto, with Bitcoin consolidating as a quality crypto asset.
  • He says markets have priced more rate cuts, which should support risk-on assets and long-duration tech.
  • He describes the U.S. consumer as K-shaped and says upper-income-facing companies may outperform.
  • He says AI is the next major investing platform shift, with Public.com launching Generated Assets for bespoke indices.
  • Retail investors are becoming more sophisticated and using AI tools while also embracing speculative assets.
  • He does not give a clear directional view on bonds or S&P/Mag 7 valuations.
Ideas
Jannick Malling Co-Founder & Co-CEO, Public.com 0:33
Nvidia remains top retail trade into 2026.
Malling expects Nvidia to remain the star of CES and a dominant retail trading name into 2026. He notes Nvidia trading on Public.com rose over 100% year over year, was the most traded stock in 2024, and stayed a top name through 2025, so he would be surprised if the trend did not continue in 2026.
NVDA HIGH
Jannick Malling Co-Founder & Co-CEO, Public.com 1:16
Bitcoin demand strong, consolidation favors long-term.
Malling says Bitcoin demand remains strong even after its first down year since the Bitcoin ETFs launched. October and November were among the biggest Bitcoin inflow months on Public.com, and he sees the asset class maturing through crypto API rails, IRA custody via the acquired Alta Crypto IRA, political momentum, and long-term holding. In crypto, he sees consolidation and a flight to quality into Bitcoin in the back half of the year.
BTC HIGH
Jannick Malling Co-Founder & Co-CEO, Public.com 3:45
Rate cuts should support long-duration tech.
Malling says markets have priced in more rate cuts than have been delivered, and historically that should inflate risk-on assets. He sees crypto as a beneficiary but also expects longer-term tech companies with strong current and future earnings performance to benefit, especially those underwritten on future growth.
XLK MED
Jannick Malling Co-Founder & Co-CEO, Public.com 4:16
Upper-income consumer companies outperform on K-shape.
Malling describes the U.S. consumer as very K-shaped and says companies catering to the upper part of the market tend to do better because there is not a lot of recession risk, while lower-income consumers remain strapped.
Upper-income consumer companies MED
Up Next
3:50
Positive real income growth is powerful support for consumer, says Solus' Greenhaus
CNBC · Jan 02
4:05
Walmart is our top idea for 2026, says TD Cowen retail analyst Chen
CNBC · Jan 02
2:17
These were the top U.S. cities driving stock market returns in 2025
CNBC · Jan 02
3:30
I don't view offshore wind as a primary player, Morgan Stanley's Byrd
CNBC · Jan 02
9:51
Bitcoin rises to $90,000 level on second day of 2026: CNBC Crypto World
CNBC · Jan 02

This Bloomberg Markets video, published January 02, 2026, features Jannick Malling discussing NVDA, BTC, XLK, Upper-income consumer companies. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jannick Malling  · Tickers: NVDA, BTC, XLK, Upper-income consumer companies