Video: Strong earnings, Fed rate cut hopes drive markets

Corporate investment in AI sets the stage for growth in 2026—and beyond

August 12, 20254 min watch

BOK Financial® Chief Investment Strategist Steve Wyett and Cavanal Hill Investment Management President Matt Stephani discussed strong corporate earnings, investment in AI, inflation and the potential for rate cuts.

KEY POINTS

  • Around 90% of companies have reported earnings, which have significantly outperformed forecasts and boosted market confidence.
  • Major tech firms are projected to spend over $400 billion in capital expenditures by 2026, primarily on AI infrastructure, potentially raising future earnings estimates and stock valuations.
  • Inflation concerns, partly driven by tariffs, remain the main obstacle to Fed rate cuts.
Topics

Related Content