Above the Noise: AI, markets, and momentum

The AI theme remains intact, but investors are starting to look beyond the earliest winners, which could open up a wider set of opportunities across sectors and market caps.

At the same time, peaks in oil prices, inflation expectations, and interest rates may be easing some macro pressure and supporting a healthier backdrop for equities. This kind of environment often helps market breadth improve.

Space is also emerging as an investable theme with potential spillover effects well beyond any single IPO. For advisors and investors, the key is to balance momentum-driven opportunities with discipline around valuation and concentration risk.