Episode 177: From Tailwind To Headwind: How AI Shook Stocks

About this episode

Markets don’t fear innovation; they fear paying too much for it without proof. We dig into why stocks whipsawed to start 2026, how a string of data points moved sentiment, and where the AI narrative flipped from easy tailwind to hard questions about ROI, competition, and disruption risk. From softer retail sales to steadier jobs, from chip margin pressure to mortgage rates slipping below six percent in some regions, Greg connects the dots between headlines and the tape so you can separate noise from signal.

We walk through the mechanics of the AI repricing: giant CapEx plans that once guaranteed multiple expansion, growing scrutiny of payback periods, and the outsized role of a few buyers in fueling order books. Then we get practical about competitive dynamics after Gemini’s strong benchmarks and the push toward proprietary silicon, exploring what that could mean for demand at chip suppliers, cloud platforms, and software vendors. The conversation doesn’t stop at tech. We trace cannibalization fears into brokers, transports, and professional services, outlining where automation may compress revenue models and where it can unlock real productivity gains that stick.

Most importantly, we map the signposts that could steady markets: clean disclosures that tie AI investment to recurring revenue, utilization and margin trends that improve quarter to quarter, and proof that new tools enhance—rather than erode—core profit pools. Along the way, Greg shares a pragmatic playbook: keep quality exposure to AI infrastructure and platforms, size for execution risk, favor diversified cash generators with pricing power, and look for software that charges on outcomes, not seats. Want a clearer lens on volatility and a checklist for what to watch next? Tune in, subscribe, and tell us where you see the most durable AI earnings power this year.

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.

The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may suit you, consult the appropriate qualified professional before deciding.