Topic
Publicly traded companies that supply chips, servers, cloud capacity and data centres for artificial intelligence workloads.
CoreWeave shares fell more than 15.5% after a chart showed its $1.25 billion bond batch briefly yielding over 15%. Oracle, Dell and AMD fell with it.
Reality
MSCI ACWI Ex-US Value beat Growth by over 600 basis points in Q3 and over 850 year to date, ClearBridge said. Over 600 of the roughly 880 basis points came in that one quarter. The lead now depends on how the July AI selloff resolves.
Reality
Bristlemoon Global Fund lost 8.4% in the September 2026 quarter, net of fees, though ASML, Sandisk and Lam Research helped in September. Its manager blames a narrow market, with the S&P 500 2% off its high and 83% of members more than 10% off theirs.
Reality
OpenAI told investors its annualized revenue was about $50 billion at the end of September, short of the $68 billion to $70 billion reported last month. Oracle and OpenAI's chip suppliers fell 3% to 6% on Thursday on the strength of a private company's investor deck.
Perspective Coverage
28 publishersReality
Oakmark says more than half of the Russell Value Index's 2026 gain came from AI-infrastructure stocks it chose not to own. Its case is a forecast that those earnings are cyclical, and the fund calls the cost so far a big missed opportunity.
Reality