Ed Ludlow

Right now, we're trying to digest still ongoing data largely relating to earnings.

And I think just before the earnings season hit, you had many people in the markets come out and say, this is what we will judge momentum by, simply earnings performance.

In aggregate at this point, when it comes to particularly the hyperscalers, but our focus on AI, what was it that you learned from the earnings season?

So the software space, interesting.

I guess if you look below the index level and take a look at January, February, now March, what was it you saw in investor behavior and the attitude towards the tech sector?

What's dominating the news cycle is war in Iran.

Again, from the technology investor's perspective, what is the incremental data, the soft data, the macro level data that you're tracking to make decisions with the portfolio?

AI is still the dominant theme for you?

Okay, so next week we either do or we don't have a big macro event, which is NVIDIA's GTC conference.

You know, it's so difficult to gauge how that moves the needle.

Are you genuinely sort of braced for it as a big item on the calendar or kind of noise really and hype around what's happening?

Right.

You know, at NVIDIA GTC in D.C., we got that surprise half a trillion dollar figure from Jensen Wang, which was literally on a slide behind him and a little more information than that.

Ayoko Yoshiyoka of Wealth Enhancement Group, great to have you back on the program.

Thank you very much.

Some news.

Amazon plans to use chips from startup Cerebras.

alongside its own Tranium processors.

It's a combination that the companies say will be able to better run AI software.

AWS will begin offering a new service based on the arrangement in the second half of 2026.