This week brings a wave of earnings reports across various industries, with many investors focusing on AI spending, especially within Big Tech. The Futurum Group CEO Daniel Newman joins Market Domination to share his perspective.

Newman describes the AI trend as "a blockbuster moment." He emphasizes that companies must invest heavily in AI for research, infrastructure, and more, warning that "they are going to get it wrong" if they don't. He stresses the importance of companies not underinvesting and missing "this trend line." However, Newman acknowledges there will be "a digestion period" before the benefits of these investments materialize.

"We're at this really important inflection," Newman tells Yahoo Finance. "We're at this point where people are still a little uncertain what it means. You have all these knowledge workers where work is being done for them. They're a little uncertain what it means for their future, for their jobs."

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This post was written by Angel Smith