Is the AI Trade Reversal Just Beginning? What the Picks-and-Shovels Selloff Really Means
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Is the AI Trade Reversal Just Beginning? What the Picks-and-Shovels Selloff Really Means
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After years of outperformance, AI infrastructure stocks — the so-called picks-and-shovels plays — are getting hit hard as the trade reverses in markets from Asia to the US. We dig into whether this is a healthy correction or the start of a broader reckoning for AI-linked investments.
Today's Stocks & Topics: PayPal Holdings, Inc. (PYPL), Market Wrap, Vistra Corp. (VST), Is the AI Trade Reversal Just Beginning? What the Picks-and-Shovels Selloff Really Means, Cash-Secure Puts, Vanguard Health Care ETF (VHT), McKesson Corporation (MCK), Myths about Private Credit, Sprouts Farmers Market, Inc. (SFM).
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