Funding the AI revolution and a resilient eurozone

Eurozone growth expectations have improved, supported by a strong earnings season. Oil prices rose on renewed Strait of Hormuz tensions, while OPEC output recovered in July. AI investment remained in focus, with Intel raising capital, Nvidia securing funding for AI infrastructure, and regulatory changes supporting additional financing channels. However, this did not support the Nasdaq, which edged lower on Monday. Gold and silver extended their rally from late last week, supported by rebounding gold ETF demand. Enrico Chinello, Next Generation Research, discusses the state of AI infrastructure spending, arguing that it is not a bubble, while stressing that investors should focus more closely on valuations, earnings visibility and monetisation.

• (00:00) - Introduction: Lucija Caculovic, Product & Investment Content
• (00:42) - Markets wrap-up: Mike Rauber, Product & Investment Content
• (06:49) - Artificial Intelligence: Enrico Chinello, Next Generation Research
• (12:07) - Closing remarks: Lucija Caculovic, Product & Investment Content

Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.