📊 AI Losing to Biotech and Energy?

Good Morning Investors,

The thematic backdrop remains mixed. Cooling enthusiasm in artificial intelligence and reduced flows into technology and crypto focused products have created pressure for smaller companies tied to those segments. More traditional areas such as biotech, energy and materials are attracting selective inflows as investors search for clearer catalysts and more stable fundamentals.

Attention will turn to earnings cadence in biotech, commodity trends, and any further developments in trade policy. These factors are likely to guide leadership across the smaller company landscape and will influence which groups continue

Matthias Schneider
Editor at Analytica Investor