AI Spending Is Powering the U.S. Economy

Gary Shields of Nassau Street Partners says artificial intelligence is becoming one of the biggest forces driving the U.S. economy, fueling capital expenditures and pushing companies across nearly every industry to invest in AI capabilities.

Speaking on a optimistic morning for Wall Street, Shields explains how AI-related spending is supporting economic growth, corporate investment, and broader market momentum. While he sees similarities between today’s environment and the Dot-com era, he does not expect a comparable crash and instead favors investing in the companies building and supplying the AI pipeline.Gary Shields of Nassau Street Partners says artificial intelligence is becoming one of the biggest forces driving the U.S. economy, fueling capital expenditures and pushing companies across nearly every industry to invest in AI capabilities.

Speaking on a optimistic morning for Wall Street, Shields explains how AI-related spending is supporting economic growth, corporate investment, and broader market momentum. While he sees similarities between today’s environment and the Dot-com era, he does not expect a comparable crash and instead favors investing in the companies building and supplying the AI pipeline.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about