Nova Sappho

Good luck getting those from AI.

Loaiza expects AI to augment the work of financial advisors, not replace them.

I'm Novosafo for Marketplace.

Alphabet, Amazon, Microsoft, and Meta just said they're spending $600 billion on AI infrastructure this year.

And investors are wondering how that's going to affect profits.

Harul Jain is professor of economics and finance at Rutgers.

And it's not only tech companies spending that's worrying investors.

There are new concerns about whether AI could replace entire parts of the tech economy, like the need to buy new software when you could just ask AI to handle it.

This is all leading to, say it with me, uncertainty.

Andrew Rocco is a stock strategist at Zacks Investment Research.

Companies like a Procter & Gamble, a Walmart, a PepsiCo, they're going to have more stable growth.

Reliable, not flashy.

The Toyotas of the investment world.

Erin Lash of Morningstar says these stocks have been relatively cheap.

as investors opted for the Ferraris of the stock market.

The future may be looking brighter, though, for consumer staples.

For one, analysts say last year's tax cuts should show up as bigger returns this year, boosting consumer spending.

Robert Moscow is at TD Cowen.

Which makes stocks tied to consumer staples even more attractive right now to spooked investors.

I'm Novosafo for Marketplace.