An investor who attained legendary status after nailing the 2008 housing market collapse is revealing his highest-conviction sectors as the S&P 500 soars to another fresh all-time high. In a new CNBC interview, Steve Eisman says the market story today is the same as it was last year, despite calls from experts in March to shift portfolio allocations to energy and gold amid the geopolitical tensions in the Middle East. “The story of the economy last year was AI spend, credit quality is fine, K-shaped economy. And the story this year is AI spend, credit quality is fine, K-shaped economy.…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
A new report from the jobs platform Handshake is revealing a widening gap between what employers now expect from early talent and what colleges and universities are actually preparing students to do, with AI skills at the center of the divide. The Handshake AI and the Workforce Ahead report finds that while students rapidly embraced AI since its launch, employer demand for AI skills was essentially flat for years before inflecting sharply in the past twelve months. According to Handshake data, as of March 2026, more than 10% of active internships now mention AI keywords, while the share of full-time…
“Bond King” Jeffrey Gundlach says gold’s surge has run too far too fast, and that investors who missed the rally should wait for a significantly cheaper entry point before adding exposure. In a new CNBC interview, Gundlach says investors should be cautious on gold in the short term, believing that the precious metal will likely witness another leg down before it can restart its uptrend. “I’m not really that fond of gold in the near term. It peaked out at about $5,500. And after the vertical rise up from $3,500, I wouldn’t be surprised if gold went below $4,000 before…
Billionaire investor Bill Ackman says the stock market still offers compelling value despite the recent rally to new all-time highs. In a new Bloomberg interview, Ackman says he sees several converging forces he believes the market has not yet fully priced in. “We have massive AI spending. We have massive energy spending. We have a tax bill that’s driving investment. Every day there are how many deals that are being announced. The administration is very supportive of transactions as opposed to an FTC, which would stop everything. So I think you’re going to see lots of reason to be bullish…
Scott Chronert, head of US equity strategy at Citi, says the market is underestimating how large and how long the AI infrastructure buildout will run, naming one specific sector as the firm’s highest-conviction play. In a new CNBC interview, Chronert says that despite a strong run in equity prices, the earnings growth in semis has been so powerful that valuations have actually become more attractive, not less. “The picks-and-shovels play on the AI buildout, in our view, continues to be probably the highest conviction component of this, with the hardware area of tech also being additive to that playbook.” Chronert…
Morgan Stanley has made formal allocation recommendations for Bitcoin while leaving the door open to holding BTC on its balance sheet. In an interview at the Bitcoin 2026 Conference, Amy Oldenburg, who leads the Digital Asset initiatives at the bank’s emerging markets equity division, says Morgan Stanley has made its BTC allocation position clear to clients. “We have made recommendations on allocation to Bitcoin. We’ve announced allocation recommendations to Bitcoin of 2% to 4%.” On April 8th, Morgan Stanley Investment Management (MSIM) launched MSBT, making it the first US bank-affiliated asset manager to offer a crypto ETP. Data from the…
The numbers from the earnings report of the four largest hyperscalers show that AI is the engine driving growth across the world’s largest tech companies. Starting with Alphabet (GOOGL), data from the earnings report that ended on March 30th shows that Search advertising revenue grew 19%, with the company pointing directly to AI features like AI Overviews and AI Mode as drivers of engagement and repeat usage. Meanwhile, Google Cloud revenue surged 63% to more than $20 billion for the first time, while backlog nearly doubled quarter over quarter to over $460 billion. Gemini Enterprise is scaling quickly, with paid…
A new report from McKinsey says the global demand for AI compute power is set to trigger one of the largest capital deployment cycles in history, while identifying the three categories of investors best positioned to capture the opportunity. The consulting firm projects that data centers worldwide will require $6.7 trillion in capital expenditure by 2030 to keep pace with surging demand for compute power. Of that total, $5,2 trillion is earmarked for data centers equipped to handle AI processing loads, with the remaining $1.5 trillion going toward traditional IT infrastructure. McKinsey says the opportunity revolves around three distinct investor…
Paolo Ardoino, chief executive of Tether, says the global financial system is structurally unprepared for the volume of transactions that an AI-powered economy will require. Speaking at the Bitcoin 2026 Conference, Ardoino says the future will see a mind-boggling number of transactions with the rise of AI agents and machines. “We believe in a future where billions of people, billions of machines and trillions of AI agents will need a self-custody wallet. People need to be in charge of their own wealth. People need to be able to transact with whomever they want.” According to Ardoino, the current financial system…
A senior Morgan Stanley researcher says the signal that will unlock bullish sentiment on hyperscalers is not a revenue inflection point but something almost nobody is paying attention to. In a new episode of Morgan Stanley’s Thoughts on the Market podcast, Stephen Byrd, global head of thematic research, says the AI story is playing out in two distinct worlds simultaneously, and that the market will ultimately be driven by what it sees in the faster of the two. “We’re living in almost two worlds where the fast adopters will show what’s possible. The average utilization for enterprises will still take…