economy
February 9, 2026
Our basket of stocks that benefit from higher spending on AI is up again
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Markets saw positive movement, with technology and AI-related stocks performing strongly.
- The New York Fed's 1-year inflation expectations fell to 3.09%, below consensus.
- Bank of America's updated capex tracker shows a significant increase in global hyperscale capex, with projections for 2026 and 2027 rising substantially.
- Several companies, including On Semiconductor and Vornado Realty Trust, are scheduled to report earnings after the closing bell.
- Upcoming economic data includes the December retail sales report.
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