AI Reshapes Global Stock and Bond Markets

Investors are focused on identifying winners and losers in the AI era, with significant impacts on investment portfolios. The recent IPO of SpaceX has drawn exceptional interest, with expectations that companies like OpenAI could follow with valuations reaching a trillion dollars. Tech giants are also injecting new shares into the market, reversing a two-decade trend of declining listed companies in U.S. exchanges. The influence of AI extends to the bond market, as firms like Amazon and Alphabet have raised their debt levels to around $300 billion to fund AI infrastructure investments.