Sentiment Check on Tech

This episode of "The Markets" podcast features Chris Hussey interviewing Pete Callahan, a US TMT Sector Specialist at Goldman Sachs. The conversation centers on the current sentiment surrounding technology stocks, particularly within the AI sector and the broader internet industry. Callahan notes a shift in investor focus from concerns about the sustainability of AI investment to exploring potential growth opportunities in adoption and monetization. He highlights positive trends in advertising, e-commerce, and public cloud growth, while acknowledging the ongoing influence of retail investors in the market. The discussion concludes with Callahan's bullish outlook on tech, emphasizing the need to monitor the performance of small-cap tech stocks relative to large-cap tech and anticipating the impact of the upcoming Fed meeting on market trends.