Sector Winners and Losers in Margin Trends

Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom (CNBC)

Big Tech Is Spending More Than Ever on AI and It’s Still Not Enough (WSJ)

Credit market hit with $200bn ‘flood’ of AI-related issuance (FT)

S&P 500 Reporting Net Profit Margin Above 5-Year Average for 6th Straight Quarter (FactSet)

Should You Just Buy Stocks Until You Die? (WSJ)

‘Sometimes We See Bubbles,’ Michael Burry Warns Retail Traders (Bloomberg)