Jun. 4 at 10:08 PM
Markets are basically splitting into two clear stories right now:
Quantinuum’s IPO pops out of the gate, showing there’s still appetite for quantum and early-stage AI infrastructure plays.
$IBM and
$GOOGL leaning further into agentic AI partnerships, reinforcing the enterprise AI buildout theme.
At the same time,
$AVGO getting hit on softer AI chip sales outlook reminds everyone this cycle is not one-way.
Meanwhile
$TSM keeps signaling the opposite side of that trade, tight supply and sustained AI chip demand still structurally in place.
And capital continues to rotate through the ecosystem, like
$AMZN locking in a
$4B cloud AI deal with PINS.
Net-net: AI is still the dominant macro theme, but the winners are rotating fast between infrastructure, semis, and cloud execution.
